Rulka Electricals IPO Charges Ahead with 6.11x Subscription on Day 1Rulka Electricals IPO Charges Ahead with 6.11x Subscription on Day 1

Rulka Electricals IPO saw a solid start on Day 1, being subscribed 6.11 times. This shows a healthy interest from investors, reflecting optimism about the company’s potential in the electrical industry.

How To Check Rulka Electricals Limited 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 Rulka Electricals 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. 

Rulka Electricals IPO Allotment Status

The allotment date for the Rulka Electricals IPO is set for May 22, 2024, with shares priced at a range of ₹223 to ₹235 per share and a face value of ₹10. The offering consists of lots of 600 shares, with bids accepted for these lots or their multiples.

Rulka Electricals Limited IPO Listing Date 

Rulka Electricals Limited IPO is expected to be listed on the NSE SME on May 24, 2024.