RK Swamy’s Shaky Start: Shares listed at discount 13% on NSE, 12.5% on BSE at Opening.

RK Swamy's shares opened low on NSE and BSE, falling 13.2% and 12.5% from the ₹288 issue price, marking a disappointing start in their stock market debut.
RK Swamy's Shaky Start: Shares listed at discount 13% on NSE, 12.5% on BSE at Opening.

RK Swamy’s stock debut was underwhelming, opening on the NSE at ₹250 per share, a 13.2% drop from its issue price of ₹288. BSE also saw a similar decline, with the stock opening at ₹252, down by 12.5%.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

Despite high expectations of a ₹288 to ₹296 range, RK Swamy’s IPO drew immense interest, oversubscribed by 25.94 times on BSE. The retail segment was subscribed 34.03 times, non-institutional investors 34.36 times, QIBs 20.58 times, and employees 2.52 times.

R K Swamy Ltd, an Indian integrated marketing giant, boasts extensive expertise across creative campaigns, data analytics, and market research. In 2023, the company skillfully managed numerous campaigns, significant data volumes, and extensive consumer research. With its subsidiaries, Hansa Customer Equity and Hansa Research, the firm stands as a leader in providing diverse, data-driven marketing solutions.

R K Swamy Limited’s IPO aims to allocate funds across various strategic areas: INR 87 crores for bolstering working capital, INR 10.985 crores for a new DVCP Studio, INR 33.342 crores in IT infrastructure, INR 21.736 crores for expanding call centers, and the remainder for general corporate purposes.

Kick start your Trading and Investment Journey Today!
Read More News
JNK India और तीन SME ने बड़े डेब्यू के साथ वित्तीय वर्ष की शुरुआत की!
Hindi

IPO की भीड़: JNK India और तीन SME ने बड़े डेब्यू के साथ वित्तीय वर्ष की शुरुआत की!

इस सप्ताह JNK इंडिया के मुख्य बोर्ड IPO और तीन SMEs के डेब्यू समेत चार IPOs होंगे, जो FY25 की उम्मीदभरी और सक्रिय शुरुआत दर्शाते हैं।

Download Alice Blue Mobile App

Enjoy Low Brokerage Demat Account In India

Save More Brokerage!!

We have Zero Brokerage on Equity, Mutual Funds & IPO