Ramdevbaba Solvent Limited IPO Allotment Status, Subscription and IPO Details

Ramdevbaba Solvent IPO runs from April 15 to 18, priced at ₹80-₹85 per share, allotment on April 19. Shares have a ₹10 face value, bids are in 1600 share lots.
Ramdevbaba Solvent Limited IPO Allotment Status, Subscription and IPO Details

Ramdevbaba Solvent IPO Allotment Status 

The Ramdevbaba Solvent IPO allotment is scheduled for April 19 and is available for subscription from April 15  to April 18, priced at ₹80 to ₹85 per share, each with a face value of ₹10. Investors could bid in lots of 1600 shares.

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Ramdevbaba Solvent IPO Allotment Status Check 

To ascertain their allocation status for the Ramdevbaba Solvent IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Bigshare Service’s website.

IPO Allotment Status BSE 

Here are steps to check Ramdevbaba Solvent IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose  Ramdevbaba Solvent Limited 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”

Steps to check  Ramdevbaba Solvent IPO allotment status on Bigshare services website

Step 1: Visit IPO registrar website Bigshare Services  

Step 2: Select ‘ Ramdevbaba Solvent’ 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 Ramdevbaba Solvent IPO allotment status will be reflected on the screen.

Ramdevbaba Solvent IPO GMP Today

The Ramdevbaba Solvent IPO GMP (Grey Market Premium) is ₹20 as of 16th April.

Ramdevbaba Solvent IPO Subscription Status

The Ramdevbaba Solvent IPO was subscribed 4.68 times on its first day. Retail investors subscribed 5.80 times, while non-institutional investors (NII) booked 8.18 times. The company received bids for 1,84,96,000 shares against the 39,52,000 offered.

Ramdevbaba Solvent IPO Details

The Ramdevbaba Solvent IPO, valued at around ₹50.27 crore, involves issuing 59,13,600 new shares at ₹10 each, without an offer-for-sale. Proceeds will fund corporate goals, working capital, a new plant, and debt repayment. Choice Capital Advisors and Bigshare Services manage the IPO.

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