Rajputana Industries Limited IPO GMP

At RAJPUTANA, they specialize in working with a wide range of metals, including copper, brass , aluminum, and various alloys. Their expertise extends to industries such as Power Industry , Automobile Industry, Hardware Industry, Etc.

Rajputana, a Book Built Issue amounting to ₹23.88 crores, consisting entirely a Fresh Issue of 62.85 lakh Shares. The subscription period for the Rajputana IPO opens on July 30, 2024, and closes on August 01, 2024. The allotment is expected to be finalized on or about Friday, August 02, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, August 06, 2024.

The Share price band of Rajputana IPO is set at ₹36 to ₹38 equity per share, with a minimum lot size of 3,000 shares. Retail investors are required to invest a minimum of ₹114,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (6,000 shares), amounting to ₹228,000.

Holani Consultants Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar for the Issue. Holani Consultants Private Limited will act as the Market Maker for the Rajputana IPO.

Rajputana Industries Limited IPO GMP Today
The Grey Market Premium of Rajputana Industries Limited IPO is expected in the range of ₹30 to ₹32 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Rajputana Industries Limited IPO Live Subscription Status Today
As of 09:28 PM on 01 August 2024, the Rajputana Industries Limited IPO live subscription status shows that the IPO subscribed 347.49 times on on the final day of subscription period. Check the Rajputana Industries Limited IPO Live Subscription Status Today at NSE.

Rajputana Industries Limited IPO Allotment Status
Rajputana IPO allotment date is 02 August, 2024, Friday. Rajputana Industries IPO Allotment will be out on 2nd August 2024 and will be live on Registrar Website from the allotment date. Check Rajputana Industries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Rajputana Industries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Rajputana Industries Limited IPO
Rajputana Industries Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
• ₹1,400.00 Lakhs is required for Funding the Working capital of their Company; 
• ₹450.00 Lakhs is required for Purchase of Grid Solar Power Generating System; and 
• General corporate purposes.

Refer to Rajputana Industries Limited RHP for more details about the Company.