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Rappid Valves (India) Limited IPO Allotment Status, Subscription, and IPO Details

Rappid Valves (India) Limited IPO allotment is set for September 26, 2024, with shares priced at ₹210 to ₹222 per share. The offering allows bidding for lots of 600 shares or multiples thereof.
Rappid Valves (India) Limited IPO Allotment Status, Subscription, and IPO Details

Rappid Valves (India) Limited IPO Allotment Status 

The allotment date for the Rappid Valves (India) Limited IPO is set for September 26, 2024, with shares priced at a range from ₹210 to ₹222 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.

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Rappid Valves (India) Limited IPO Allotment Status Check 

To ascertain their allocation status for the Rappid Valves (India) Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Link Intime India Private Ltd Link.

IPO Allotment Status BSE 

Here are steps to check Rappid Valves (India) Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Rappid Valves (India) Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Link Intime India Private Ltd

Step 2: Select ‘Rappid Valves (India) Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Rappid Valves (India) Limited IPO allotment status will be reflected on the screen.

Rappid Valves (India) Limited IPO GMP Today

Rappid Valves (India) Limited IPO GMP (Grey Market Premium) is ₹52 as of September 24, 2024.

Rappid Valves (India) Limited IPO Subscription Status

Rappid Valves (India) IPO saw buoyant demand on Day 1, with the issue being subscribed 2.43 times. This initial response indicates steady investor interest, suggesting a positive start for the IPO as market participants begin to show confidence in the company’s potential.

Rappid Valves (India) Limited IPO Details

Rappid Valves (India) IPO is a book-built issue worth ₹30.41 crores, entirely consisting of a fresh issue of 13.7 lakh shares. The IPO, with a price band of ₹210-₹222 per share, opened on September 23 and closes on September 25, 2024. Shreni Shares Ltd is the lead manager, and the listing is set for September 30 on NSE SME.

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