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Ramdevbaba Solvent IPO Skyrockets with 116.93x Final Day Subscription!

News by Aliceblue News Desk

18 Apr 2024

Ramdevbaba Solvent IPO Skyrockets with 116.93x Final Day Subscription!

Ramdevbaba Solvent Ltd IPO closed with a remarkable subscription rate of 116.93 times on its final day. This overwhelming response from investors highlights their strong confidence in the company’s prospects, underscoring a significant market demand for its shares.

Ramdevbaba Solvent Limited IPO subscription Status

Ramdevbaba Solvent Ltd on its second day, garnered significant interest, its shares subscribed 9.32 times.

How To Check Ramdevbaba Solvent IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Ramdevbaba Solvent Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Ramdevbaba Solvent Limited IPO Allotment Status

The allotment date for the Ramdevbaba Solvent Limited IPO is set for April 19, 2024 with shares priced at a range of ₹80 to 85 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Ramdevbaba Solvent Limited IPO Listing Date 

Ramdevbaba Solvent Limited IPO is expected to be listed on the NSE SME on April 23, 2024.

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