Rappid Valves IPO Subscription Details

Bookbuilding IPO | ₹30 Cr | Listed at NSE SME | Mon, Sep 23, 2024 - Wed, Sep 25, 2024

Basis of Allotment - Rappid Valves IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,59,8003,89,4006,49,2001,95,6004,55,40013,00,200
Allotment price (Rs.)222222222222222222
No.of applications244288,07082,33490,432
No.of shares applied1,45,39,8003,89,4001,49,29,2009,62,68,8004,94,00,40016,05,98,400
Amount collected (Rs.cr.)322.78 8.64 331.43 2,137.17 1,096.69 3,565.28
No.of times subscribed55.971.0023.00492.17108.48123.52
No.of shares allotted2,59,8003,89,4006,49,2001,95,6004,55,40013,00,200
Amount (Rs.cr.)5.77 8.64 14.41 4.34 10.11 28.86
No.of allottees244282877591,074

IPO Shares Offered

Rappid Valves IPO is a public issue of 0.13 Cr equity shares. The issue offers 0.05 Cr shares to retail investors, 0.06 Cr shares to qualified institutional buyers, and 0.02 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker69,6001.55 5.08%
QIB 6,49,20014.41 47.39%
    Anchor 3,89,400 8.64 28.43%
    QIB (Ex Anchor) 2,59,800 5.77 18.97%
NII* 1,95,6004.34 14.28%
Retail4,55,40010.11 33.25%
Total13,69,80030.41 100%

Rappid Valves IPO Anchor Investor Allocation

A total of 3,89,400 shares at a price of Rs 222 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 20, 2024
Anchor investor price₹222.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days1,94,700
No. of shares locked-in for 90 days1,94,700
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 LEADING LIGHT FUND VCC-THE TRIUMPH FUND LEADING LIGHT FUND VCC 1,01,400 2.25 26.04 7.40
2 ASHIKA GLOBAL SECURITIES LTD. ASHIKA GLOBAL SECURITIES 90,000 2.00 23.11 6.57
3 SB OPPORTUNITIES FUND SB OPPORTUNITIES FUND 63,000 1.40 16.18 4.60
4 SMART HORIZON OPPORTUNITY FUND SMART HORIZON 1,35,000 3.00 34.67 9.86
3,89,4008.6410028.43

IPO Subscription FAQs

The Rappid Valves IPO is subscribed 123.3323 times by Sep 25, 2024 18:19.

Rappid Valves IPO Subscription

Investor Category Subscription (times)
Qualified Institutional55.9746
Non Institutional491.4908
Retail Individual109.0883
Total Subscription123.3323

Retail category of Rappid Valves IPO subscribed 109.0883 times as of date Sep 25, 2024 18:19. The public issue closes on Wed, Sep 25, 2024 for bidding.

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

The Rappid Valves IPO is subscribed 123.3323 times by Sep 25, 2024 18:19.

The Rappid Valves IPO allotment status is expected on or around Thursday, September 26, 2024. Visit Rappid Valves IPO allotment status to check.

The Rappid Valves IPO listing date is September 30, 2024. The equity share of Rappid Valves IPO will list on NSE SME.

Visit Rappid Valves IPO subscription status page for real-time bidding information about Rappid Valves IPO.

Rappid Valves IPO Timetable

IPO opens OnMonday, September 23, 2024
IPO Closes OnWednesday, September 25, 2024
Finalisation of Basis of AllotmentThursday, September 26, 2024
Initiation of RefundsFriday, September 27, 2024
Credit of Shares to Demat AccountFriday, September 27, 2024
IPO Listing DateMonday, September 30, 2024
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