Rappid Valves IPO opens: Check issue size, price band, GMP and other details

Rappid Valves' SME IPO is now open for subscription and aims to raise Rs 30 crore through a fresh equity issue of 13.69 lakh shares. The price band is set at Rs 210-222 per share, with the offer closing on September 25. The funds will be used for capital expenditure, debt repayment, and acquisitions.