Rulka Electricals IPO Hits 629x Subscription on Day 3, Market Buzzes with Excitement!

Rulka Electricals IPO reached a 629.42x subscription on Day 3, showcasing strong market enthusiasm and confidence in the company's potential within the food industry.
Rulka Electricals IPO Hits 629x Subscription on Day 3, Market Buzzes with Excitement!

Rulka Electricals IPO continued to attract immense interest, achieving a remarkable subscription rate of 629.42 times on Day 3. This exceptional response underscores robust investor confidence in the company’s prospects within the electrical industry.

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How To Check Rulka Electricals 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 Rulka Electricals 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. 

Rulka Electricals IPO Allotment Status

The allotment date for the Rulka Electricals IPO is set for May 22, 2024, with shares priced at a range of ₹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 IPO Subscription Status

Rulka Electricals IPO continued to draw significant investor interest on Day 2, achieving a subscription rate of 30.63 times. 

Rulka Electricals Limited IPO Listing Date 

Rulka Electricals Limited IPO is expected to be listed on the NSE SME on May 24, 2024.

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