The basis of allotment for Rappid Valves IPO is available now.
The Rappid Valves IPO allotment status will be available on Thursday, September 26, 2024, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Rappid Valves (India) Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Rappid Valves IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Rappid Valves IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Rappid Valves (India) Ltd. IPO IPO allotment status is expected on Thursday, September 26, 2024. Click the green button Rappid Valves (India) Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Rappid Valves IPO oversubscribed in the retail category, the Rappid Valves IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Rappid Valves (India) Ltd. listing date is September 30, 2024. The equity shares of Rappid Valves (India) Ltd. will list on NSE SME.
The reason you didn't get the Rappid Valves IPO could be: