IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

To be announced

IPO Closing Date

To be announced

Basis of Allotment

To be announced

Initiation of Refunds

To be announced

Credit of Shares to Demat Account

To be announced

IPO Listing Date

To be announced

About Company

R&B is an integrated engineering, procurement, and construction (EPC) company that has served diversified construction and infrastructure projects. It renders services to the water supply, solid waste management, road construction, canals, sewerage operations, and building construction industries.

Its EPC operations can be categorised into - road, power, and urban infrastructure. The company has executed 45 projects spread across power (2), road sector (10), and urban infrastructure (33). 

R & B Infra Limited IPO Details

R & B Infra Ltd. IPO combines 35 lakh fresh equities and 15 lakh offer for sale equity shares. We will update R & B infra IPO date and price when they are announced.

R & B Infra Limited IPO Objective 

  • The company proposes to utilise the net issue from fresh shares to fund working capital requirements and general corporate purposes. 

Should you invest in R & B Infra Limited?

Here are a few key reasons to consider before investing in the IPO:

  • It’s an ISO 9001: 2015 certified quality management system, an ISO 27001:2013 certified information security management system, and an ISO 20000-1:2011 certified information technology management system.
  • The company works with several government agencies in the state of Maharashtra and has a diversified order portfolio. Its total order book stood at Rs. 1,25,629.92 lakh from 31 projects on August 31, 2022. 
  • The company was founded in 2005. It’s part of the Rathore Group, which has 25 years of experience in the same business line. 

Competitive Peers 

The other players in the domain recognised by the company are Dilip Buildcon Ltd., Ashoka Buildcon Ltd., Ramky Infrastructure, and Larsen & Tubro.

Noteworthy Highlights of R & B Infra Limited

  • R&B Infra Ltd. has executed 45 projects worth Rs. 1,05,427.68 lakh and has a total order book value worth Rs. 1,78,645.28 lakh in on-going projects. 
  • Its revenue from operations has increased from Rs. 15,312.84 lakhs to Rs. 21,272.26 lakh, growing at 11.58% CAGR from 2020 to 2022, and profit grew at 18.47% CAGR.

R & B Infra Project Ltd Company Financials

Particulars Year ending on March 31, 2022 (₹ million) Year ending on March 31, 2021 (₹ million) Year ending on March 31, 2020 (₹ million)
Revenue from Operations 21,272.26 18,497.75 15,312.84
Profit After Tax (PAT) 1,192.11 953.81 716.98
EBITDA 2,598.00 2,618.41 2,201.46
EPS 8.08 6.47 4.86

Know before investing

Strengths

3

  1. The company has strong project management capabilities and industry experience.

  2. An experienced management team and promoters.

  3. The company has considerable experience in executing 45 projects.

Risks

3

  1. The company requires certain licensing requirements, which may impact its future performance.

  2. The company’s promoters and directors are involved in certain legal proceedings.

  3. It has faced issues with the Income Tax Department in the past.

  • How to Apply in IPO
  • How to Check IPO Allotment Status
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Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

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R & B Infra Project Ltd IPO FAQs

What is R & B Infra Limited's IPO?

The R & B Infra Limited IPO consists of 50 lakh equity shares. We will update the R & B Infra Limited IPO price when it is announced.

When will R & B Infra Limited's IPO allotment be available?

Will be updated soon.

What will be R & B Infra Limited's IPO lot size?

Will be updated soon.

When will R & B Infra Limited's IPO open for subscription?

Will be updated soon.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will R & B Infra Limited list on exchanges?

Will be updated soon.

How do I check the allotment status of the R & B Infra Limited IPO?

You can check the R & B Infra Limited IPO allotment status from Angel One’s mobile app. Log in to the app and validate with an OTP. In the next step, enter your application number, DP ID, and PAN number into the app to check the allotment status.

What would be the listing gains on the R & B Infra Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO shares on the stock exchange.

I have finished the application process for the R & B Infra Limited IPO, but the funds are not yet debited. What is the reason?

The bank will only block the amount in your account. The money will not be debited before the IPO shares are allotted.

How to approve the UPI mandate request for R & B Infra Limited IPO?

You must complete the bidding process by logging in to your UPI handle to approve the payment mandate.

Can I submit more than one application for the public issue of R & B Infra Limited using one PAN?

You can submit only one application using one PAN card.

What is the minimum order quantity for the R & B Infra Limited IPO?

Will be updated soon.