About the Company:
Rudrabhishek Enterprises provides a wide range of services which includes Infrastructural Services, Urban Designing and planning, Global Information Systems, Building Designing Services and Project Management Services.
Company had started operations in 1992. Over the years Company has diversified into several other services linked to their basic work and built a steady position in the Domestic market which can be witnessed from the revenue growth over the time.
Company is working with the Central Government and with several State Governments of India also. Over the years, the Company has handled projects of different sizes and levels including Zonal/Regional Planning, City Planning, and Master Planning.
Company provides its services to the Government as well as Corporate Clients. Some major Corporate clients of the Company include Ansal API, Emaar MGF Land Limited, Gannon Dunkerley & Co. Limited, Hyundai Motor India Private Limited, Omaxe Limited, Paarth Infrabuild Private Limited etc.
Apart from the corporate clients mentioned above, the Company has been empanelled with 30+ Government Development Authority Departments for its services.
As on April 30, 2018, Company has projects of Rs. 310.38 crores in hand out of which unbilled amount is Rs. 211.89 crores
Company’s Involvement in Smart City Project:
REPL has been involved in the smart city mission of Government of India. In Phase I Company was involved in developing the concept plan for Bhopal (M.P.) and Dehradun (Uttrakhand).
In phase II Company is working as Project Monitoring Company with the collaboration partners to implement the Apporved Plan for three cities- Varanasi (U.P.), Indore (M.P.) and Kanpur (U. P.)
Company’s Overview:
Services provided by the Company:
Infrastructure Consultancy Services.
REPL provides various infrastructure consultancy services such as Urban Infrastructure Plan, Smart City Projects, Pradhan Mantri Awas Yojna, Street Vendor Mapping Plan, City Water Supply schemes; Solid waste management system; Electrical Distribution System, Storm Water Drainage system including rain water harvesting system and preparation of detailed drawings and plan for execution of same.
Urban Planning & Geographics Information System.
Services includes Urban Planing, GIS based City Mapping, Preparation of Base Maps, Demographic Studies, Socio-economic surveys & analysis, Infrastructure analysis, DPR for various projects, Financial operating plan formulation, Community Consultations, Preparation of future Land use Maps, Coordination and Discussion with various Government Agencies and Policy Level Recommendations.
Designing & Planning Services:
REPL has specialized division to provide most efficient Building design services to its clients. Company has expertise in high-end Building Design and Documentation Services. Our focus is always on the quality and innovation of Building Designing.
REPL also has done equity investment in Singapore based company “Shing Design”, to provide advance Designing solutions to its clients.
Structural Design:
REPL has a dedicated team of experienced structural engineers who are working on range of projects pertaining to Residential, Commercial, Hotel, Malls & Multiplexes and Industrial Structures.
MEP Services Design.
They also deliver services in MEP sector. MEP refers to planning and design in the areas of Mechanical, Electrical, and Plumbing (MEP) systems including developing polices, standards, inspection procedures, and performance and cost-estimating, construction planning etc.
Project Management Consultancy:
Company has expertise in Planning, Organizing and Managing Resources along with proven Project Management Methodologies which enables them to deliver an effective service that provides significant benefit to their Clients.
Management Team:
- Mr. Pradeep Misra (Designation: Managing Director)
- Ms. Richa Misra (Designation: Whole Time Director)
- Mr.Jamal Husain Ansari (Designation: Independent Director)
Promoters Average Acquisition Cost:
| Name of the Promoter | No. of Shares held | Average Acquisition Cost (in Rs.) |
|---|---|---|
| Mr. Pradeep Misra | 9,651,600 | 0.48 |
| Ms. Richa Misra | 850,500 | 5.54 |
Objectives of the Issue:
- Funds for long term working capital required for the Business of the Company.
- General Corporate Purpose.
- To meet the expenses of the Issue.
Fund Utilization:
| Particulars | Amount (Rs. in Crores) |
|---|---|
| Working Capital requirements | 13.54 |
| General Corporate Expenses | 3.56 |
| Issue Related Expenses | 1.62 |
| Net Proceeds | 18.73 cr |
Financials of the Company:
| (in Crores) | FY 13 | FY 14 | FY 15 | FY 16 | FY 17 | 31st Dec 17 |
|---|---|---|---|---|---|---|
| Revenue | 21.90 | 32.11 | 35.15 | 34.11 | 27.94 | 32.04 |
| Net Profit | 3.97 | 7.59 | 4.67 | 5.28 | 4.13 | 3.95 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Rudrabhishek Enterprise Ltd | 10 | 3.51 | 11.68 | 14.06% | 24.99 |
| Mitcon Consultancy and Engineering Services Ltd |
10 | 3.66 | 16.55 | 4.80% | 76.13 |
| Artefact Projects Limited | 10 | 0.35 | 124.21 | 0.54 | 64.77 |
| Dhruv Consultancy Services Ltd | 10 | 3.10 | 17.51 | 35.48 | 8.73 |
| S.S. Infrastructure Development Consultants Limited |
10 | 4.75 | 7.37 | 20.76 | 22.87 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 29th June 2018 |
| Issue Closes on:. | 5th July 2018 |
| Issue Price | Rs.41 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 |
| Minimum Investment | Rs.1,23,000 |
| Issue Constitutes | 26.35% |
| Issue Size | Rs.18.73 cr |
| Market Cap | Rs.71.09 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 45,69,000 |
| Equity Shares Prior to the Issue | 1,27,70,500 |
| Equity Shares after the issue | 1,73,39,500 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 3.51 | 11.68 | 14.06% | 24.99 |
Knowledge Corner: (Click on the Link)
| Company Contact Info: |
|---|
| Rudrabhishek Enterprises Ltd 820, Antriksha Bhawan, K.G. Marg, New Delhi – 110001 Contact Person: Mr. Vikas Gupta Telephone No-011-23738974 Email: secretarial@replurbanplanners.com Web: www.repl.global |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LTD Regd. Off.: D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi-110020. Tel No.: +91-11-40450193 – 97, Fax No.: +91-11-26812683 Email id.: virenr@skylinerta.com Website: www.skylinerta.com |
