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Rajputana Industries IPO Skyrockets with 74.96x Oversubscription on Day 2!

Rajputana Industries' IPO saw a massive Day 2 subscription, with applications 74.96 times the shares offered, highlighting significant market interest and investor confidence.
Rajputana Industries IPO Skyrockets with 74.96x Oversubscription on Day 2!

Rajputana Industries IPO has experienced a robust response for its IPO, with the number of subscriptions on Day 2 reaching a staggering 74.96 times the shares offered. This shows strong investor interest and confidence in the company’s market prospects and financial stability.

How to check Rajputana Industries Limited IPO Subscription Status?

Steps to check Rajputana Industries Limited 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 ‘Rajputana Industries 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. 

Rajputana Industries IPO Allotment Status

The allotment date for the Rajputana Industries IPO is set for August 2, 2024, with shares priced at a range of ₹36 to ₹38 per share and a face value of ₹ 10. The offering consists of lots of 3000 shares, with bids accepted for these lots or their multiples.

Rajputana Industries IPO Subscription Status

Rajputana Industries IPO received solid interest on Day 1,with the issue being subscribed 18.65 times. This robust initial response showcases significant investor confidence and a positive market reception for the company’s future prospects and industry presence.

Rajputana Industries Limited IPO Listing Date 

Rajputana Industries IPO is expected to be listed on the NSE SME on August 6, 2024.

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