Rachana Infrastructure IPO subscription status is to start on May 20, 2022, Friday. Rachana Infrastructure is an NSE SME IPO and has been subscribed by NII, and Retail investors. They are going to raise ₹77.97 crores via IPO. The IPO price band is fixed at ₹138 with a market lot of 100 shares. Rachana Infrastructure Limited is an Infrastructure & Construction company providing all types of infrastructure and civil construction work. RIL has a presence in Ahmedabad in early-stage while now they are working with Pan-India clients. The company reported revenues of ₹107 in 2021 against revenues of ₹158 in 2020. The company's financial report looks average and profits have been stagnant for the last few years. Please check the Rachana Infrastructure IPO subscription status details over here.IPOWatch View: We recommend investors may apply for an IPO with caution. Investors should also look at the Retail and HNI numbers before investing. You can check the Rachana Infrastructure IPO allotment status here.
Rachana Infrastructure IPO Subscription Status (Live Update - Day 9)Last Updated - 5.00 PM
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Rachana Infrastructure IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Rachana Infrastructure IPO Subscription Dates
The Rachana Infrastructure IPO date is May 20 and the IPO close date is May 25. The IPO allotment date is June 08 and the IPO may list on June 13.
|Rachana Infrastructure IPO Open Date:||May 20, 2022|
|Rachana Infrastructure IPO Close Date:||June 02, 2022|
|Basis of Allotment:||June 08, 2022|
|Refunds:||June 09, 2022|
|Credit to Demat Account:||June 10, 2022|
|Rachana Infrastructure IPO Listing Date:||June 13, 2022|
Rachana Infrastructure IPO Form
How to apply Rachana Infrastructure IPO? You can apply Rachana Infrastructure IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rachana Infrastructure IPO in the Invest section. The other option you can apply Rachana Infrastructure IPO via IPO forms download via the NSE website. Check out the Rachana Infrastructure forms - click NSE IPO Forms download, fill and submit in your bank or with your broker.
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