Rajputana Industries IPO Subscription Status: Rajputana Industries IPO is Open on 30 July, 2024 and Close on 1 August, 2024. Rajputana Industries IPO to Raise 6,285,000 shares (Approx ₹23.88 Cr) via IPO. The Fresh Issue of 6,285,000 shares (Approx ₹23.88 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Rajputana Industries IPO is an SME IPO and Listed on NSE SME. Rajputana Industries IPO Price Band is Fixed at ₹36 to ₹38 Equity Share. Rajputana Industries IPO Lot Size is 3000 Shares.
About Rajputana Industries IPO :
- Rajputana Industries was originally incorporated as “Rajputana Industries Private Limited” at Jaipur as a Private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 13, 2011.
- Our Company is primarily engaged in the business of manufacturing of diverse range of non-ferrous metal products from primarily Copper, Aluminium, Brass and various alloys from recycling of scrap metal. We procure scrap metal from open markets and convert them into billets made of metals like aluminium, copper or brass etc. through recycling in our inhouse manufacturing unit situated at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan.
- Once these billets are manufactured from recycled scrap metal, we either sell them to different manufacturing companies or we use them to produce products like Copper rods, Aluminium rods, Copper mother tube, brass wires, super enameled copper conductor and many more products. These wires, tubes, bars, billets and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market.
Also Read: Rajputana Industries IPO Details, GMP Price, Date, Review
Rajputana Industries IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
10,74,000
19,11,12,000
177.94
Non Institutional Buyers (NIIs)
9,00,000
37,61,58,000
417.95
Retail Individual Buyers (RIIs)
20,10,000
1,05,44,76,000
524.61
Anchor Investor
16,11,000
16,11,000
1
Market Maker
3,60,000
3,60,000
1
Total
43,10,000
1,62,18,30,000
375.95
Rajputana Industries Subscription Status day-by-day-
Categories
30 July
31 July
1 August
QIB
3.72
4.32
177.94
NII
13.50
53.20
417.95
RII
36.40
150.96
524.61
Total
20.70
82.54
375.95
Rajputana Industries Global 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).
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