Rajesh Power Services listing: Stock makes bumper market debut at 90% premium, hits upper circuit at ₹636 on BSE SME
3 months, 4 weeks ago

Rajesh Power Services listing: Stock makes bumper market debut at 90% premium, hits upper circuit at ₹636 on BSE SME

Live Mint  

Rajesh Power Services IPO Listing: Rajesh Power Services made a stellar market debut on Monday, December 2, as its shares were listed at ₹636 apiece on the BSE SME, indicating a premium of 90 per cent over the issue price of ₹335. About Rajesh Power Services The company is in the business of engineering, procurement, and construction contracting and providing services to power transmission and distribution utility companies. The company undertakes PEC contracts for laying EHV/HV/LV underground cable networks, setting up solar power plants, and setting up substations. As a percentage of total income, these were 96.58 per cent, 98.11 per cent, and 98.29 per cent, respectively, in fiscal years 2024, 2023, and 2022.

History of this topic

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