Rajnandini Metal IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Mon, Sep 24, 2018 - Thu, Sep 27, 2018

Basis of Allotment - Rajnandini Metal IPO

Details NII Retail Total
Allocation (No. of shares)7,80,0007,80,00015,60,000
Allotment price (Rs.)262626
No.of applications257499
No.of shares applied15,16,0002,96,00018,12,000
Amount collected (Rs.cr.)3.94 0.77 4.71
No.of times subscribed1.940.381.16
No.of shares allotted12,64,0002,96,00015,60,000
Amount (Rs.cr.)3.29 0.77 4.06
No.of allottees257499

IPO Shares Offered

Rajnandini Metal IPO is a public issue of 0.16 Cr equity shares. The issue offers 0.08 Cr shares to retail investors , 0.08 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker84,0000.22 5.11%
Other 7,80,0002.03 47.45%
Retail7,80,0002.03 47.45%
Total16,44,0004.27 100%

IPO Subscription FAQs

The Rajnandini Metal IPO is subscribed 1.3821 times by Sep 27, 2018 18:30.

Rajnandini Metal IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.3795
Retail Individual0.3846
Total Subscription1.3821

Retail category of Rajnandini Metal IPO subscribed 0.3846 times as of date Sep 27, 2018 18:30. The public issue closes on Thu, Sep 27, 2018 for bidding.

An investor can apply in Rajnandini Metal IPO online via bank (using ASBA) or the broker (using UPI). The Rajnandini Metal IPO shares are offered online only.

The Rajnandini Metal IPO is subscribed 1.3821 times by Sep 27, 2018 18:30.

The Rajnandini Metal IPO allotment status is expected on or around [.]. Visit Rajnandini Metal IPO allotment status to check.

The Rajnandini Metal IPO listing date is October 8, 2018. The equity share of Rajnandini Metal IPO will list on NSE SME.

Visit Rajnandini Metal IPO subscription status page for real-time bidding information about Rajnandini Metal IPO.

Rajnandini Metal IPO Timetable

IPO opens OnMonday, September 24, 2018
IPO Closes OnThursday, September 27, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, October 8, 2018
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