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Refractory Shapes IPO Surges to 35.56x Subscription on Day 3!

Refractory Shapes Limited IPO sustains momentum on Day 3, with a robust 35.56x subscription rate, reflecting investor confidence and setting the stage for a promising market debut.
Refractory Shapes IPO Surges to 35.56x Subscription on Day 3!
Refractory Shapes IPO Surges to 35.56x Subscription on Day 3!

Refractory Shapes Limited IPO maintains momentum on Day 3, boasting a substantial subscription rate of 35.56x. This strong interest from investors underscores confidence in Refractory Shapes’ offering, positioning the company for a promising market debut.

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How To Check Refractory Shapes 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 Refractory Shapes 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. 

Refractory Shapes Limited IPO Allotment Status

The allotment date for the Refractory Shapes Limited IPO is set for May 10, 2024, with shares priced at a range of ₹27 to ₹31 per share and a face value of ₹10. The offering consists of lots of 4000 shares, with bids accepted for these lots or their multiples.

Refractory Shapes Limited IPO Subscription Status

Refractory Shapes Limited IPO attracted considerable attention on Day 2, achieving a subscription rate of 17.59 times. 

Refractory Shapes Limited IPO Listing Date 

Refractory Shapes Limited IPO is expected to be listed on the NSE SME on May 14, 2024.

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