URL copied to clipboard

Rappid Valves IPO Draws Strong Demand with 9.99x Subscription on Day 2!

Rappid Valves (India) IPO saw strong demand on Day 2, with 9.99 times subscription, reflecting increased investor confidence and setting the stage for a successful close to the subscription period.
Rappid Valves IPO Draws Strong Demand with 9.99x Subscription on Day 2!

Rappid Valves (India) IPO saw substantial interest by the close of Day 2, with the issue being subscribed 9.99 times. This strong demand reflects growing investor confidence in the company, positioning the IPO for a successful conclusion as the subscription period progresses.

Alice Blue Image

Rappid Valves (India) Limited IPO Subscription Status

Rappid Valves (India) IPO saw positive 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.

How to check Rappid Valves (India) IPO Subscription Status?

Steps to check Rappid Valves (India) 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 ‘Rappid Valves (India) 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. 

Rappid Valves (India) Limited IPO Allotment Status

The allotment date for the Rappid Valves (India) Limited IPO is set for September 26, with shares priced 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.

Rappid Valves (India) Limited IPO Listing Date 

Rappid Valves (India) Limited IPO is expected to be listed on the NSE SME on September 30, 2024.

Loading
Read More News