Racks & Rollers IPO Subscription Status: Racks & Rollers IPO is Open on April 30, 2024 and Close on May 3, 2024.Racks & Rollers to Raise 3,840,000 Shares (Approx ₹29.95 Cr) via IPO. The Fresh Issue of 3,840,000 Shares (Approx ₹29.95 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%.
Racks & Rollers IPO is an Mainline IPO and Listed on BSE SME. Racks & Rollers IPO Price Band is Fixed at ₹73 to ₹78 per ₹10 Equity Share. Racks & Rollers IPO IPO Lot Size is 1600 Shares.
Racks & Rollers IPO Subscription Status Share Bids Live
Note :- Final Demand Data Display Of UPI Bids Shall Be Updated Upto 7:30 PM On Last Day Of IPO
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 7,28,000 | 8,58,00,000 | 117.86 |
| Non Institutional Buyers (NIIs) | 5,47,200 | 31,57,45,600 | 577.02 |
| Retail Individual Buyers (RIIs) | 12,75,200 | 30,95,45,600 | 242.74 |
| Market Maker | 2,00,000 | 2,00,000 | 1 |
| Anchor Investor | 10,89,600 | 10,89,600 | 1 |
| Total | 25,50,400 | 71,10,91,200 | 278.82 |
Racks & Rollers IPO Subscription Status day-by-day-
| Categories | 30 April | 2 May | 3 May |
|---|---|---|---|
| QIB | 0.02X | 0.12X | 117.86 |
| NII | 2.23X | 37.75X | 577.02 |
| RII | 5.00X | 48.25X | 242.74 |
| Total | 2.98X | 32.26X | 278.82 |
About Racks & Rollers IPO :
- Racks & Rollers IPO Was Incorporated In The Year 2010 And Is Engaged Into Storage Racking System. We Specialise In Design, Manufacturing, Installation Services Of Metal Storage Racks, Automated Warehouses And Other Storage Solutions.
- Our Range Of Products And Services Demonstrates Their Commitment To Providing Innovative, Efficient Solutions For Diverse Warehousing Needs, Catering To A Wide Range Of Industries Each With Its Own Specific Storage And Logistical Requirements, Which Includes Oil & Gas, Automotive Components & Aerospace, Food & Beverages And Cold Storage, Pharmaceutical, Textile, Retail, FMCG And Others.
Racks & Rollers IPO Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
Racks & Rollers IPO Review From MoneyMintIdea –
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