RNFI Services IPO Subscription Details

Bookbuilding IPO | ₹71 Cr | Listed at NSE SME | Mon, Jul 22, 2024 - Wed, Jul 24, 2024

Basis of Allotment - RNFI Services IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)12,72,00019,08,00031,80,0009,54,00022,26,00063,60,000
Allotment price (Rs.)105105105105105105
No.of applications71108122,4512,94,5383,17,070
No.of shares applied17,88,57,60019,08,00018,07,65,60049,40,22,00035,34,45,6001,02,82,33,200
Amount collected (Rs.cr.)1,878.00 20.03 1,898.04 5,187.23 3,711.18 10,796.45
No.of times subscribed140.611.0056.84517.84158.78161.67
No.of shares allotted12,72,00019,08,00031,80,0009,54,00022,26,00063,60,000
Amount (Rs.cr.)13.36 20.03 33.39 10.02 23.37 66.78
No.of allottees7010806821,8552,617

IPO Shares Offered

RNFI Services IPO is a public issue of 0.64 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.32 Cr shares to qualified institutional buyers, and 0.10 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,84,0004.03 5.69%
QIB 31,80,00033.39 47.15%
    Anchor 19,08,000 20.03 28.29%
    QIB (Ex Anchor) 12,72,000 13.36 18.86%
NII* 9,54,00010.02 14.15%
Retail22,26,00023.37 33.01%
Total67,44,00070.81 100%

RNFI Services IPO Anchor Investor Allocation

A total of 19,07,000 shares at a price of Rs 105 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 19, 2024
Anchor investor price₹105.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days9,54,000
No. of shares locked-in for 90 days9,54,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHARTERED FINANCE & LEASING LTD. CHARTERED FINANCE & LEASING 4,76,000 5.00 24.96 7.06
2 INDIA-AHEAD VENTURE TRUST INDIA-AHEAD VENTURE 3,81,000 4.00 19.98 5.65
3 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 2,83,200 2.97 14.85 4.20
4 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,90,800 2.00 10.01 2.83
5 SB OPPORTUNITIES FUND SB OPPORTUNITIES FUND 96,000 1.01 5.03 1.42
6 STEPTRADE REVOLUTION FUND STEPTRADE 96,000 1.01 5.03 1.42
7 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 96,000 1.01 5.03 1.42
8 CCV EMERGING OPPORTUNITIES FUND CCV 96,000 1.01 5.03 1.42
9 PERENNIAL EMERGING GROWTH FUND PERENNIAL 96,000 1.01 5.03 1.42
10 FINAVENUE GROWTH FUND FINAVENUE 96,000 1.01 5.03 1.42
19,07,00020.0210028.28

IPO Subscription FAQs

The RNFI Services IPO is subscribed 221.49 times by Jul 24, 2024 18:19.

RNFI Services IPO Subscription

Investor Category Subscription (times)
Qualified Institutional140.66
Non Institutional513.31
Retail Individual142.62
Total Subscription221.49

Retail category of RNFI Services IPO subscribed 142.62 times as of date Jul 24, 2024 18:19. The public issue closes on Wed, Jul 24, 2024 for bidding.

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

The RNFI Services IPO is subscribed 221.49 times by Jul 24, 2024 18:19.

The RNFI Services IPO allotment status is expected on or around Thursday, July 25, 2024. Visit RNFI Services IPO allotment status to check.

The RNFI Services IPO listing date is July 29, 2024. The equity share of RNFI Services IPO will list on NSE SME.

Visit RNFI Services IPO subscription status page for real-time bidding information about RNFI Services IPO.

RNFI Services IPO Timetable

IPO opens OnMonday, July 22, 2024
IPO Closes OnWednesday, July 24, 2024
Finalisation of Basis of AllotmentThursday, July 25, 2024
Initiation of RefundsFriday, July 26, 2024
Credit of Shares to Demat AccountFriday, July 26, 2024
IPO Listing DateMonday, July 29, 2024
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