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Rajesh Power Services IPO Subscription

25 November - 27 November 2024 Closed
Sme BSE

The Rajesh Power Services IPO has received bids for 18,96,20,000 shares against 32,09,600 shares offered, resulting in an overall subscription of 59.08x. the NII category is subscribed 138.81x, Retail Investors 31.96x, and QIBs 46.39x.

Retail
31.96x
NII
138.81x
QIB
46.39x
Total
59.08x

Total Subscribed

59.08x

Open Date 25 Nov, 2024
Close Date 27 Nov, 2024
Market Cap 603.25 Cr

IPO Allotment Chances

Approx

Individual/Retail (31.96x)

1 out of 0 Investors

NII (138.81x)

1 out of 0 Investors

sNII (0x)

1 out of 1 Investors

The allotment percentage displayed above is an estimate based on the retail,NII and sNII subscription multiple. However, the actual chances of allotment are higher due to several factors:

  • Not every IPO investor applies at cut-off price: Some investors place bids at lower prices than the cut-off, reducing competition for allotment.
  • Multiple lot applications: Many investors apply for multiple lots using a single application. Even if they get multiple lots, it still counts as 1 allotment in the draw, significantly improving individual chances.
  • Applicant behavior: The combination of below-cut-off bids and multiple-lot applications means the effective allotment chances are substantially higher than the base subscription multiple suggests.

This calculation accounts for these behavioral patterns to provide a more realistic estimate of your allotment chances.

Rajesh Power Services IPO Subscription Details ( Wed, 27 Nov 24 06:54 PM)

Category Shares Offered Shares Bid For Subscription (x)
Qualified Institutions 913,60042,384,00046.39x
Non-Institutional 691,20095,946,400138.81x
Retail Investors 1,604,80051,289,60031.96x
Total 3,209,600189,620,00059.08x

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Application Wise Breakup (Approximate)

Category Reserved Applied Times (x)
Non-Institutional - 10,926 -
Retail Investors - 128,240 -

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Rajesh Power Services IPO Reservations Details

Category Shares Offered Shares Offered %
Market Maker 244,0000%
Anchor Investors 1,336,4000%
Qualified Institutions 913,6000%
Non-Institutional 691,2000%
Retail Investors 1,604,8000%
Total 4,790,0000%

Share Reservation By Category

Shares bids Against Offered

More About Rajesh Power Services IPO

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Where Can I Check the Rajesh Power Services IPO Live Subscription Status?

You can check the Rajesh Power Services IPO live subscription status on the IPO Master App or the official websites of the BSE. The live subscription data is updated regularly during the IPO bidding period and displays category-wise subscription figures for Retail Individual Investors (RII), Non-Institutional Investors (NII), Qualified Institutional Buyers (QIB), Employees (if applicable), and the overall IPO subscription.

What is Rajesh Power Services IPO retail subscription status?

The Retail Individual Investor (RII) portion of the Rajesh Power Services IPO was subscribed 31.96 times as of Wed, Nov 27, 2024 06:54 PM. The public issue closed on Wed, Nov 27, 2024 for bidding.

How to subscribe Rajesh Power Services IPO?

Investors can apply for the Rajesh Power Services IPO online through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or via UPI using a SEBI-registered stockbroker or trading app. Select the desired lot size, enter your bid within the price band, and submit your application during the IPO subscription period. The application amount remains blocked in your bank account until the IPO allotment process is completed.

How many times Rajesh Power Services IPO subscribed?

The Rajesh Power Services IPO was subscribed 59.08x times at the close of bidding period on Wed, Nov 27, 2024.

How to check Rajesh Power Services IPO allotment?

The Rajesh Power Services IPO allotment was finalized on Thu, Nov 28, 2024. You can check the Rajesh Power Services IPO allotment status on the registrar's website or the BSE/NSE websites using your PAN, application number, or DP/Client ID. You can also check the allotment status quickly through the IPO Master App.

When Will the Rajesh Power Services IPO Be Listed?

The Rajesh Power Services IPO was listed on Mon, Dec 2, 2024, on the BSE.

What is the Rajesh Power Services IPO Qualified Institutional Buyers (QIB) subscription status?

The Qualified Institutional Buyers (QIB) category of Rajesh Power Services IPO was subscribed 46.39 times as of Wed, Nov 27, 2024 06:54 PM.