Rappid Valves (India) IPO Reservation
The Rappid Valves (India) IPO is a book build issue with a total issue size of ₹30.41 cr, comprising of fresh issue of 1369800 equity shares. Rappid Valves (India) IPO opened for subscription on Sep 23, 2024 and closed on Sep 25, 2024. Rappid Valves (India) IPO is set price band at ₹210 to ₹222 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹266,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 26, 2024, and listed on the NSE on Sep 30, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Shreni Shares Limited are the Book Running Lead Manager for the issue.
Before investing in the Rappid Valves (India) IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 389400 | 28.43 | 0 |
| Market Maker | 69600 | 5.08 | 0 |
| Qualified Institutions | 259800 | 18.97 | 0 |
| Non-Institutional | 195600 | 14.28 | 0 |
| Retail Investors | 455400 | 33.25 | 0 |
| Total | 1369800 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Rappid Valves (India) IPO is a Book-building IPO with a total issue size of ₹30.41 crore. The Rappid Valves (India) IPO price band is ₹210 to 222 per share. The Rappid Valves (India) IPO subscription opens on Mon, Sep 23, 2024, and closes on Wed, Sep 25, 2024. The Rappid Valves (India) IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Rappid Valves (India) IPO.
The Rappid Valves (India) IPO opens on Mon, Sep 23, 2024 and closes on Wed, Sep 25, 2024
Rappid Valves (India) IPO Price Band is ₹210 to 222 per share.
Rappid Valves (India) IPO lot size is 600 shares, Retail investors need a minimum investment of ₹266400 based on the upper price band
The minimum investment for Rappid Valves (India) IPO is ₹266400, based on one lot of 600 shares at the upper price band of ₹222 per share.
Investors can apply for the Rappid Valves (India) IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 25, 2024. The application amount remains blocked until the Rappid Valves (India) IPO allotment is finalized.
Rappid Valves (India) IPO issue size is ₹30.41 crores.
Rappid Valves (India) IPO allotment date is Wed, Jul 1, 2026.
The registrar for Rappid Valves (India) IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Rappid Valves (India) IPO allotment status, refund processing, and other IPO-related information.
The Rappid Valves (India) IPO GMP (Grey Market Premium) is ₹100 as of Mon, Sep 30, 2024. Based on the upper price band of ₹222 per share, the estimated Rappid Valves (India) IPO listing price is ₹322, indicating a potential listing gain of approximately 0% over the issue price.