What is the issue type for Rachana Infrastructure Ltd.?

This IPO consists of an offer for sale of up to Rs 38.1 crore, of 2,825,000 shares. It also consists of a fresh issue of Rs 38.1 crore.

Who are the promoters of Rachana Infrastructure Ltd.?

The promoters of the company are Girishkumar Raval and Bhaminiben Mehta.

What is the allocation for each category of investors in Rachana Infrastructure Ltd.?

The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.

What is the price band of the Rachana Infrastructure Ltd. issue?

The price band of the IPO is Rs 135.0 - 135.0.

When does the Rachana Infrastructure Ltd. IPO open?

The IPO application opens on May 20, 2022 and closes on Jun 02, 2022.

What is the lot size for the Rachana Infrastructure Ltd. IPO?

The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.

What is the minimum and maximum application amount for Rachana Infrastructure Ltd.’s issue?

For all category investors, the minimum application amount for this IPO is Rs. 135,000.0, the maximum value for this IPO is Rs 135,000.0.

When will the shares of Rachana Infrastructure Ltd. IPO be allotted?

This IPO will be allotted on Jun 08, 2022.

If I am not allotted shares in Rachana Infrastructure Ltd. IPO, when will my money be refunded?

The refund will be credited to your account on Jun 09, 2022.

If I get allotted shares in Rachana Infrastructure Ltd.’s IPO, when will they be credited to my demat account?

The allotted shares will be credited to your demat on Jun 10, 2022.

When was the listing date for Rachana Infrastructure Ltd.?

Rachana Infrastructure Ltd.’s shares listed on the stock exchanges on Jun 13, 2022.

Rachana Infrastructure Ltd. IPO: Check Allotment Status, Subscription & Listing Date

Bidding Dates
20 May 2022 - 02 Jun 2022

Subscription
1.21x Oversubscribed

Minimum Investment	Minimum Lot	Maximum Lot	Lot Size	Number of Shares	Issue Price	Post Issue Promoter Holding %	Issue Size	IPO Document
₹135,000	1	1	1000	5.7 M	₹135	69.63 %	₹762.8 M	RHP DOC

Total1.21x

Retail Individual Investor0.6x

HNI (NII) Investors1.82x

Qualified Institutional Buyers-

Rachana Infra IPO overall subscription rate was 1.21 times the total available shares

Rachana Infra IPO retail subscription rate was 0.6 times in the retail segment

Rachana Infra IPO non-institutional investor subscription rate was 1.82 times in the non-institutional investor category

Day	Retail Individual Investor	HNI (NII) Investors	Qualified Institutional Buyers
Category Reservation	50%	50%	-
02 Jun 2022 (Day 10)	0.6x	1.82x	-
01 Jun 2022 (Day 9)	0.44x	0.63x	-
31 May 2022 (Day 8)	0.36x	0.47x	-
30 May 2022 (Day 7)	0.34x	0.37x	-
27 May 2022 (Day 6)	0.31x	0.09x	-
26 May 2022 (Day 5)	0.29x	0.09x	-
25 May 2022 (Day 4)	0.27x	0.09x	-
24 May 2022 (Day 3)	0.22x	0.04x	-
23 May 2022 (Day 2)	0.21x	0.04x	-
20 May 2022 (Day 1)	0.12x	0x	-

Rachana Infra FINANCIALS

Period	Net Profit (Rs in millions)	Revenue from operations (Rs in millions)	Cash Flow from operations (Rs in millions)	Free Cash flow (Rs in millions)
9MFY22	13.99	402.01	31.667	13.17
FY21	45.53	1,037.91	32.188	61.36
FY20	59.71	1,543.78	-25.441	-27.75
FY19	46.65	1,121.03	86.261	49.17

Rachana Infra IPO SUBSCRIPTION STATUS DETAILS

Rachana Infra had 5.7 M shares on offer

Rachana Infra IPO offer price was ₹135

Rachana Infra IPO minimum Investment was ₹135000

Rachana Infra IPO issue size was ₹ 762.8 M

Rachana Infra had a minimum lot size of 1000 Shares per application

Rachana Infra NUMBER OF SHARES ON OFFER

Total5.7 M

Fresh Issue2.8 M

Offer for Sale2.8 M

Post Issue Promoter Holding %69.63 %

Rachana Infra IPO IMPORTANT DATES

Issue Open Date	20 May 2022
Issue close Date	02 Jun 2022
Allotment Date	08 Jun 2022
Refund Date	09 Jun 2022
Demat Account Credit Date	10 Jun 2022
Listing Date	13 Jun 2022
Listing on Exchange(s)	NSE
Rachana Infra Allotment Status	Exchange

Rachana Infra IPO subscription opened on 20 May 2022, and closed on 02 Jun 2022

IPO allotment for Rachana Infra was finalized on Wednesday, 08 Jun 2022

IPO listing for Rachana Infra was on NSE on Monday, 13 Jun 2022

Rachana Infra IPO LISTING GAINS

Issue Price (adjusted)	135.0
Listing Open Price	138.7
Listing Close Price	139.1
Listing Gain%	2.7%
Current Gain%	-75.7%

Rachana Infra Peer

Stock	Stock Price	Market Cap (Rs crore)	PE TTM	PEG TTM	PS TTM	ROE%	ROA%	Annual Revenue (Rs crore)	Annual Revenue Growth %	Annual Net Profit (Rs crore)	Annual Net Profit Growth %	EPS TTM	EPS TTM Growth %
Rachana Infrastructure Ltd.	32.8	61	6	0	0.4	9.4	8	140.5	45.1	10.1	146.8	5.4	146.8
Larsen & Toubro Ltd.	3876.2	545358.5	32.9	7.2	1.9	14.7	3.6	291635	12.2	16084	7	117.9	4.5
GMR Airports Ltd.	98	103425.2	216.3	1.1	6.6	-5.9	0.3	15200.8	40.3	175.5	144.7	0.5	203.3
Rail Vikas Nigam Ltd.	207	43159.9	48	-2	2.1	8.9	4	21187.4	1.3	874.7	-31.7	4.3	-24.5
Kalpataru Projects International Ltd.	1391.2	23757.9	20.9	0.3	0.9	13.4	3.8	27247.9	21.8	1040	77.6	66.5	60.9
NBCC (India) Ltd.	82.9	22372.2	30.1	1	1.8	23.9	4.4	13195.9	7.5	720	33.1	2.8	30.6

Revenue Mix

Annual

Balance Sheet

Ratios

Cash Flow

Rachana Infra annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

Nested row level

Base Level

Reporting Type

Standalone

Cell Data

Actual

Table Settings

YoY & New to Old

CAGR Columns

Select...

Nested row level

Base Level

Export

POSITIVE
Annual Revenue Rachana Infra Mar-2026 Annual Revenue is Rs 141 Cr which is growth of 45.1% YoY.
POSITIVE
Annual Net Profit Rachana Infra Mar-2026 Annual Net Profit is Rs 10 Cr which is growth of 146.8% YoY.

Rachana Infrastructure Ltd., Annual, standalone, All financials are in INR Cr and price data in INR
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Mar '26	Mar '25	Mar '24	Mar '23	Mar '22	Mar '21	Mar '17
SR_A Total Rev. Ann. ⌄	29.2%	5.6%	140.5	96.9	94	65.2	66.1	107.1	89.6
TotalOperatingRevenues_A Operating Rev. Ann.	29.5%	5.9%	138	94.2	91.5	63.5	63.2	103.8	88.3
OI_A Other Income Ann.	15.2%	-4.7%	2.6	2.7	2.5	1.7	2.9	3.3	1.3
OEXPNS_A Operating Exp. Ann.	27.8%	4.9%	120.1	86.9	84.4	57.5	57.1	94.4	79.7
OEXPNS_A Operating Exp. Ann.	27.8%	4.9%	120.1	86.9	84.4	57.5	57.1	94.4	79.7
OP_A Operating Profit Ann.	44%	13.7%	17.9	7.2	7.1	6	6.1	9.4	8.7
OPMPCT_A OPM Ann. %	11.3%	7.8%	12.74%	7.45%	7.55%	9.24%	9.17%	8.75%	9.66%
TotalExpenses_A Total Exp. Ann. ⌄	26.9%	4.5%	127	91.3	89.4	62.2	63.1	101.7	85.8
OtherExpenses_A Other Exp. Ann.	10.3%	4.6%	9	10	6.4	6.7	8.2	7.2	55
EmployeeBenefitExpenses_A Employee Exp. Ann.	-12.6%	-9.4%	3.6	2.7	5.8	5.4	5.7	5.9	5.9
CostOfPowerPurchased_A Cost Of Power Purchased Ann.	-	-
CostOfFuel_A Cost Of Fuel Ann.	-	-
EBIDT_A EBITDA Ann.	38.6%	10.2%	20.5	9.9	9.6	7.7	8.9	12.6	9.9
EBIDTPCT_A EBITDA Ann. margin %	7.1%	4.3%	14.57%	10.25%	10.21%	11.86%	13.51%	11.80%	11.07%
INT_A Interest Ann.	26%	2.3%	5.6	2.2	2.6	2.8	3.9	5	3.4
DEP_A Depr.	-11.9%	-10.8%	1.3	2.2	2.5	1.9	2.1	2.3	2.7
PBT_A PBT Ann.	65.5%	20.7%	13.6	5.5	4.5	3	2.9	5.3	3.8
TAX_A Tax Ann.	62%	41.5%	3.4	1.4	0.9	0.8	0.7	0.6	1.1
PAT_A PAT Before ExtraOrdinary Items Ann. ⌄	63.8%	16.5%	10.1	4.1	3.6	2.3	2.2	4.7	2.7
IncomeMinorityInterest_A Minority Interest Income Ann.	-	-	-	-	-	-	-	-	-
NP_A Net Profit Ann.	63.8%	16.5%	10.1	4.1	3.6	2.3	2.2	4.7	2.7
NETPCT_A NPM Ann. %	27.3%	10.2%	7.34%	4.35%	3.96%	3.56%	3.49%	4.52%	3.06%
EPS_adj_A EPS Adj. latest Ann.	65.1%	16.7%	5.4	2.2	2	1.2	1.2	2.5	1.5

*All financials are in INR Cr and price data in INR

Add metric to table

Search...

VIEW ALL TABLE IN FINANCIAL PAGE

Total Rev. Ann.

1Y CHG

45%

2Y CAGR

22.3%

3Y CAGR

29.2%

5Y CAGR

5.6%

Net Profit Ann.

1Y CHG

146.3%

2Y CAGR

67.5%

3Y CAGR

63.8%

5Y CAGR

16.5%

Operating Exp. Ann.

1Y CHG

38.2%

2Y CAGR

19.3%

3Y CAGR

27.8%

5Y CAGR

4.9%

Rachana Infra INFORMATION ON IPO ISSUE

About Rachana Infra

Rachana Infrastructure was incorporated on June 29, 2001. The company is engaged in the business of construction of road projects on a Bill of Quantities and EPC basis.

Object of the Issue

Repayment of secured loans.
Working capital requirement.
General corporate purpose.
Meeting Public Issue Expenses.

Rachana Infra - PROMOTERS

Name
Girishkumar Raval
Bhaminiben Mehta

Rachana Infra Lead Manager of the Issue

Interactive Financial Services

mbd@ifinservices.in

Rachana Infra Registrar to the issue

Bigshare Services Limited

ipo@bigshareonline.com

Rachana Infra Strengths

Leading contractor

Leading road-focused BOQ and EPC contractor

Strength

Management

Integrated in-house project team with strong execution capabilities and extensive industry experience

Strength

Robust order book

Visible growth through a robust order book

Strength

Rachana Infra Risks

Working capital

Subject to high working capital requirements

Risk

Outstanding litigations

There are outstanding litigations against the company

Risk

Contingent liability

The company has several contingent liabilities and commitments

Risk

IPO FAQs

This IPO consists of an offer for sale of up to Rs 38.1 crore, of 2,825,000 shares. It also consists of a fresh issue of Rs 38.1 crore.
The promoters of the company are Girishkumar Raval and Bhaminiben Mehta.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 135.0 - 135.0.
The IPO application opens on May 20, 2022 and closes on Jun 02, 2022.
The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.
For all category investors, the minimum application amount for this IPO is Rs. 135,000.0, the maximum value for this IPO is Rs 135,000.0.
This IPO will be allotted on Jun 08, 2022.
The refund will be credited to your account on Jun 09, 2022.
The allotted shares will be credited to your demat on Jun 10, 2022.
Rachana Infrastructure Ltd.’s shares listed on the stock exchanges on Jun 13, 2022.

Rachana Infrastructure Ltd. IPO Details

Rachana Infra IPO SUBSCRIPTION STATUS

Rachana Infra IPO overall subscription rate was 1.21 times the total available shares

Rachana Infra IPO retail subscription rate was 0.6 times in the retail segment

Rachana Infra IPO non-institutional investor subscription rate was 1.82 times in the non-institutional investor category

Rachana Infra FINANCIALS

Rachana Infra IPO SUBSCRIPTION STATUS DETAILS

Rachana Infra had 5.7 M shares on offer

Rachana Infra IPO offer price was ₹135

Rachana Infra IPO minimum Investment was ₹135000

Rachana Infra IPO issue size was ₹ 762.8 M

Rachana Infra had a minimum lot size of 1000 Shares per application

Rachana Infra NUMBER OF SHARES ON OFFER

Rachana Infra IPO IMPORTANT DATES

Rachana Infra IPO subscription opened on 20 May 2022, and closed on 02 Jun 2022

IPO allotment for Rachana Infra was finalized on Wednesday, 08 Jun 2022

IPO listing for Rachana Infra was on NSE on Monday, 13 Jun 2022

Rachana Infra IPO LISTING GAINS

Rachana Infra Peer

Rachana Infra - Annual

Rachana Infra annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

Annual Revenue Rachana Infra Mar-2026 Annual Revenue is Rs 141 Cr which is growth of 45.1% YoY.

Annual Net Profit Rachana Infra Mar-2026 Annual Net Profit is Rs 10 Cr which is growth of 146.8% YoY.

Rachana Infra INFORMATION ON IPO ISSUE

About Rachana Infra

Rachana Infrastructure was incorporated on June 29, 2001. The company is engaged in the business of construction of road projects on a Bill of Quantities and EPC basis.

Object of the Issue

Rachana Infra - PROMOTERS

Rachana Infra Lead Manager of the Issue

Interactive Financial Services

Rachana Infra Registrar to the issue

Bigshare Services Limited

Rachana Infra Strengths

Leading contractor

Management

Robust order book

Rachana Infra Risks

Working capital

Outstanding litigations

Contingent liability

IPO FAQs

What is the issue type for Rachana Infrastructure Ltd.?⌃

This IPO consists of an offer for sale of up to Rs 38.1 crore, of 2,825,000 shares. It also consists of a fresh issue of Rs 38.1 crore.

Who are the promoters of Rachana Infrastructure Ltd.?⌃

The promoters of the company are Girishkumar Raval and Bhaminiben Mehta.

What is the allocation for each category of investors in Rachana Infrastructure Ltd.?⌃

The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.

What is the price band of the Rachana Infrastructure Ltd. issue?⌃

The price band of the IPO is Rs 135.0 - 135.0.

When does the Rachana Infrastructure Ltd. IPO open?⌃

The IPO application opens on May 20, 2022 and closes on Jun 02, 2022.

What is the lot size for the Rachana Infrastructure Ltd. IPO?⌃

The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.

What is the minimum and maximum application amount for Rachana Infrastructure Ltd.’s issue?⌃

For all category investors, the minimum application amount for this IPO is Rs. 135,000.0, the maximum value for this IPO is Rs 135,000.0.

When will the shares of Rachana Infrastructure Ltd. IPO be allotted?⌃

This IPO will be allotted on Jun 08, 2022.

If I am not allotted shares in Rachana Infrastructure Ltd. IPO, when will my money be refunded?⌃

The refund will be credited to your account on Jun 09, 2022.

If I get allotted shares in Rachana Infrastructure Ltd.’s IPO, when will they be credited to my demat account?⌃

The allotted shares will be credited to your demat on Jun 10, 2022.

When was the listing date for Rachana Infrastructure Ltd.?⌃

Rachana Infrastructure Ltd.’s shares listed on the stock exchanges on Jun 13, 2022.