Rajesh Power Services IPO Review
Neutral319-335 · SME
✦
Analyst Verdict
Rajesh Power Services IPO
Neutral
IPO at a Glance
Price Band
319-335
Issue Size
161cr
Min. Investment
₹1,34,000
Opens
2024-11-23
Closes
2024-11-25
Listing
2024-11-30
Category
SME
Key Strengths
✓Strong financial performance with consistent revenue and profit growth.
✓Reliable order book valued at ₹2,358.17 crores showcases execution expertise.
✓Expanding into solar and hydrogen electrolyser projects, aligning with industry trends.
Key Risks
⚠Dependence on government bid acceptance risks revenue impact from rejections.
⚠Early-stage solar expansion poses scalability and execution challenges.
⚠Nascent hydrogen electrolyser projects depend on long-term success.
⚠Labor-intensive operations face risks from shortages, strikes, or regulatory changes.
Frequently Asked Questions
Should I apply for Rajesh Power Services IPO?
Based on our analysis, our rating for Rajesh Power Services IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Rajesh Power Services IPO?
Dependence on government bid acceptance risks revenue impact from rejections. Early-stage solar expansion poses scalability and execution challenges. Nascent hydrogen electrolyser projects depend on long-term success.
What are the strengths of Rajesh Power Services IPO?
Strong financial performance with consistent revenue and profit growth. Reliable order book valued at ₹2,358.17 crores showcases execution expertise. Expanding into solar and hydrogen electrolyser projects, aligning with industry trends.
What is the price band of Rajesh Power Services IPO?
The price band for Rajesh Power Services IPO is 319-335. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more