Rappid Valves (India) Limited

Rappid Valves (India) Limited

listed
₹1.26LMin. investment
  1. Bid start
    23 Sep
  2. Bid end
    25 Sep
  3. Allotment
    25 Sep
  4. Release of funds
    27 Sep
  5. Demat transfer
    26 Sep
  6. Listing
    30 Sep

About Rappid Valves (India) Limited

Price range₹210 – ₹222
IPO type
SME
Lot size600 shares
Issue size₹30.41Cr

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About  Rappid Valves (India) Limited

Rappid Valves has established itself as a prominent manufacturer of industrial valves since commencing operations at the Genesis Industrial Complex in Palghar, Maharashtra, in 2006. Covering an expansive area of 32,431.66 sq. ft., the company, led by Mr. Gaurav Vijay Dalal, specializes in a diverse range of products, including top entry ball valves, gate valves, and automated valves, among others. Their product offerings encompass various types of valves such as ball, gate, globe, butterfly, and check valves, as well as specialized marine valves, catering to numerous industries including chemicals, pharmaceuticals, and marine applications.
The manufacturing facility at Rappid Valves is equipped with advanced machinery, featuring automated CNC machines, test benches, and conventional tools, ensuring a seamless manufacturing process that adheres to international standards. This commitment to quality is evident in their rigorous assembly processes and logistical arrangements, all designed to facilitate efficient operations. The company places a strong emphasis on safety, conducting regular safety meetings and adhering to necessary safety standards, thereby fostering a secure work environment.
Since its inception, Rappid Valves has progressively expanded its operations, achieving significant milestones such as the approval from DNV to manufacture Fire Safe Design Ball Valves as per API 607 in 2008. By 2012, the company had ventured into exports, supplying valves to Dubai and establishing itself as a reliable brand in international markets. Regular testing and certification by independent organizations ensure that their products meet stringent quality requirements, reinforcing their reputation for precision control systems in critical applications.
Rappid Valves prides itself on its technological capabilities, offering customized valve solutions tailored to meet the specific needs of clients across various sectors, including ethanol and breweries, shipbuilding, and EPC. Their advanced CNC machining capabilities, powered by Computer Aided Manufacturing (CAM), allow for the processing of a wide array of materials such as carbon steel, stainless steel, and titanium. This focus on innovation and quality not only distinguishes Rappid Valves in a competitive landscape but also underlines their commitment to delivering high-performance products that meet the demands of modern industrial applications.
Rappid Valves   prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
  1. Funding the Capital expenditure for purchase of new Plant and Machineries and Software by the Company
  2. Expenditure for renovation of registered office and existing manufacturing unit
  3. Repayment/prepayment of all or certain of our borrowings availed of by the Company
  4. Pursuing inorganic growth initiatives through acquisitions
  5. General corporate purposes.

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Rappid Valves (India) Limited ?

The issue size of the Rappid Valves (India) Limited is 30.41 Cr.

What is 'pre-apply' for Rappid Valves (India) Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Rappid Valves (India) Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.