Rulka Electricals Limited IPO Allotment Status
The allotment date for the Rulka Electricals Limited IPO is set for May 22, 2024, with shares priced at ₹223 to ₹235 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.
Rulka Electricals Limited IPO Allotment Status Check
To ascertain their allocation status for the Rulka Electricals Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services’s website.
IPO Allotment Status BSE
Here are steps to check Rulka Electricals Limited IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Rulka Electricals 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 Rulka Electricals Limited IPO allotment status on Bigshares Services website
Step 1: Visit IPO registrar website – Bigshare Services
Step 2: Select ‘Rulka Electricals’ 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 Rulka Electricals IPO allotment status will be reflected on the screen.
Rulka Electricals Limited IPO GMP Today
The Rulka Electricals Limited IPO GMP (Grey Market Premium) is ₹300 as of May 20.
Rulka Electricals Limited IPO Subscription Status
Rulka Electricals IPO continued to draw significant investor interest on Day 2, achieving a subscription rate of 30.63 times. This robust demand shows strong market confidence in the company’s future prospects in the electrical industry.
Rulka Electricals Limited IPO Details
Rulka Electricals aims to raise ₹26.4 crore through its IPO, offering 8.42 lakh new shares and an offer for sale of 2.8 lakh shares, each with a face value of ₹10. The company plans to allocate ₹14 crore from the proceeds for working capital to expand business operations, with the remainder for general corporate purposes and IPO expenses. Beeline Capital Advisors manages the IPO, with Bigshare Services as the registrar.
