Rulka Electricals IPO Subscription Details

Bookbuilding IPO | ₹26 Cr | Listed at NSE SME | Thu, May 16, 2024 - Tue, May 21, 2024

Basis of Allotment - Rulka Electricals IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,13,6003,19,2005,32,8001,60,2003,73,80010,66,800
Allotment price (Rs.)235235235235235235
No.of applications8579236,6904,03,8424,40,624
No.of shares applied4,27,88,4006,18,6004,34,07,00021,51,21,60024,23,05,20050,08,33,800
Amount collected (Rs.cr.)1,005.53 14.54 1,020.06 5,055.36 5,694.17 11,769.59
No.of times subscribed200.321.9481.471342.83648.22469.47
No.of shares allotted2,13,6003,19,2005,32,8001,60,2003,73,80010,66,800
Amount (Rs.cr.)5.02 7.50 12.52 3.76 8.78 25.07
No.of allottees84791267623981

IPO Shares Offered

Rulka Electricals IPO is a public issue of 0.11 Cr equity shares. The issue offers 0.04 Cr shares to retail investors, 0.05 Cr shares to qualified institutional buyers, and 0.02 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker56,4001.33 5.02%
QIB 5,32,80012.52 47.44%
    Anchor 3,19,200 7.50 28.42%
    QIB (Ex Anchor) 2,13,600 5.02 19.02%
NII* 1,60,2003.76 14.26%
Retail3,73,8008.78 33.28%
Total11,23,20026.40 100%

Rulka Electricals IPO Anchor Investor Allocation

A total of 3,19,200 shares at a price of Rs 235 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 15, 2024
Anchor investor price₹235.00
Anchor investors as % of QIBs59.91%
No. of shares locked-in for 30 days1,59,600
No. of shares locked-in for 90 days1,59,600
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BOFA SECURITIES EUROPE SA BOFA SECURITIES 60,000 1.41 18.80 5.34
2 NEGEN UNDISCOVERED VALUE FUND NEGEN 43,200 1.02 13.53 3.85
3 GALAXY NOBLE GLOBAL OPPORTUNITIES FUND PCC-GNGOF 1 GALAXY NOBLE 43,200 1.02 13.53 3.85
4 BENANI CAPITAL BENANI 43,200 1.02 13.53 3.85
5 NORTH STAR OPPORTUNITIES FUND VCC-BULL VALUE INCORPORATED VCC SUB FUND NORTH STAR 43,200 1.02 13.53 3.85
6 SAINT CAPITAL FUND SAINT CAPITAL 43,200 1.02 13.53 3.85
7 EMINENCE GLOBAL FUND PCC-EUBILIA CAPITAL PARTNERS FUND I EMINENCE 43,200 1.02 13.53 3.85
3,19,2007.5010028.42

IPO Subscription FAQs

The Rulka Electricals IPO is subscribed 676.83 times by May 21, 2024 18:19.

Rulka Electricals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional204.22
Non Institutional1350.15
Retail Individual658.32
Total Subscription676.83

Retail category of Rulka Electricals IPO subscribed 658.32 times as of date May 21, 2024 18:19. The public issue closes on Tue, May 21, 2024 for bidding.

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

The Rulka Electricals IPO is subscribed 676.83 times by May 21, 2024 18:19.

The Rulka Electricals IPO allotment status is expected on or around Wednesday, May 22, 2024. Visit Rulka Electricals IPO allotment status to check.

The Rulka Electricals IPO listing date is May 24, 2024. The equity share of Rulka Electricals IPO will list on NSE SME.

Visit Rulka Electricals IPO subscription status page for real-time bidding information about Rulka Electricals IPO.

Rulka Electricals IPO Timetable

IPO opens OnThursday, May 16, 2024
IPO Closes OnTuesday, May 21, 2024
Finalisation of Basis of AllotmentWednesday, May 22, 2024
Initiation of RefundsThursday, May 23, 2024
Credit of Shares to Demat AccountThursday, May 23, 2024
IPO Listing DateFriday, May 24, 2024
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