₹48.00 Crores | Listing at BSE, NSE | Mon, Sep 27, 2021 - Mon, Oct 18, 2021
R.P.P Infra Projects Limited Rights Issue comprises 1.60 Cr equity shares aggregating to ₹48.00 Cr, offered at an issue price of ₹30 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Sep 20, 2021.
The term of payment is defined as following : On Application, the Investors will have to pay ₹ 18 per Rights Equity Share which constitutes 60% of the Issue Price and the balance ₹ 12 per Rights Equity Share which constitutes 40% of the Issue Price, will have to be paid, on one or more subsequent Call(s), as determined by our Board at its sole discretion, from time to time.
The Rights Entitlements are expected to be credited to eligible demat accounts on Oct 26, 2021.
The Rights Issue opens on Sep 27, 2021, and closes on Oct 18, 2021, with renunciation of Rights Entitlements permitted up to Oct 13, 2021.
The deemed date of allotment is Oct 26, 2021, following which the equity shares are expected to be credited to demat accounts on Oct 27, 2021 and listed at the NSE and the BSE on Nov 1, 2021.
Inga Ventures Pvt.Ltd. is the Lead Manager to the issue and Cameo Corporate Services Ltd. is the Registrar to the Issue.
Investors are advised to refer to the R.P.P Infra Projects Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Sep 20, 2021
Entitlement Ratio
:
Open Date
Mon, Sep 27, 2021
Close Date
Mon, Oct 18, 2021
| Particulars | For the year/period ended (Rs.in Crores) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | ||
| Total Assets | 633.77 | 588.57 | |
| Total Income | 524.33 | 607.96 | |
| Profit After Tax | 15.50 | 18.16 | |
RPP Infra Projects attained the Private Limited Company status in 1995. The company provides engineering, procurement, and construction services across different states with a focus on South India and, particularly in Tamil Nadu. The company also executes overseas projects for the Indian government in neighbouring countries. The company’s business operations can be majorly divided into Civil constructions, Infrastructure projects, and Irrigation and water management. As of date, the company has completed over 150 projects across diverse verticals, including roads, highways and bridges, infrastructure projects, mass housing projects and townships, industrial structures, irrigation, and water supply projects, hotels, hospitals, educational institutions, and civil structures. The company is currently executing 41 projects across 6 Indian states with an Order Book of ₹ 3,113.25 crores. It also has executed 3 projects in Sri Lanka and 1 in Bangladesh.
[Dilip Davda] Based on its current trends and the order book position, the offer appears reasonably priced. Investors may consider investing in this infrastructure segment company with a long term perspective. Read detail review...
R.P.P Infra Projects Limited
S.F.No. 454,
Raghupathynaiken Palayam, Railway Colony (Post),
Poondurai Road, Erode – 638 002, Tamil Nadu, Ind
Erode, Tamil Nadu, 638002
The RPP Infra Projects Limited Rights Issue opens on Mon, Sep 27, 2021, and closes on Mon, Oct 18, 2021.
RPP Infra Projects Limited Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Fri, Sep 24, 2021 |
| Last Date for renunciation of Rights Entitlements | Wed, Oct 13, 2021 |
| Issue Opening Date | Mon, Sep 27, 2021 |
| Issue Closing Date | Mon, Oct 18, 2021 |
| Date of Allotment (on or about) | Tue, Oct 26, 2021 |
| Date of Credit (on or about) | Wed, Oct 27, 2021 |
| Date of Listing (on or about) | Mon, Nov 1, 2021 |
You can apply for RPP Infra Projects Limited Rights Issue in two ways:
Steps to apply for RPP Infra Projects Limited Rights Issue using Net Banking (ASBA)
Steps to apply for RPP Infra Projects Limited Rights Issue using Registrar's website (R-WAP)
