RNFI Services IPO Subscription Status: RNFI Services IPO is Open on 22 July, 2024 and Close on 24 July, 2024. RNFI Services IPO to Raise 67,44,000 shares (Approx ₹70.81 Cr) via IPO. The Fresh Issue of 67,44,000 shares (Approx ₹70.81 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
RNFI Services IPO is an SME IPO and Listed on NSE SME. RNFI Services IPO Price Band is Fixed at ₹105 Equity Share. RNFI Services IPO Lot Size is 1200 Shares.
About RNFI Services IPO :
- RNFI Services attribute our consistent business growth to the industry knowledge and expertise of our management team. Our Promoters and management team are actively involved in our operations and continues to bring their vision and acumen, which has been instrumental in sustaining our business operations and growth. Our management has demonstrated their ability to manage and grow our operations and leverage and deepen customer relationships.
- We started our journey in the year 2015 in the fintech sector with a mission to empower rural India by promoting the accessibility of financial technology with simple and efficient financial solutions and contribute to the development of a DIGITAL BHARAT and a vision to become one of the leading financial solutions provider. Since commencement of our operations.
RNFI Services IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
12,72,000
17,89,22,400
140.66
Non Institutional Buyers (NIIs)
9,54,000
48,96,94,800
513.31
Retail Individual Buyers (RIIs)
22,26,000
31,74,75,600
142.63
Anchor Investor
19,08,000
19,08,000
1
Market Maker
3,84,000
3,84,000
1
Total
44,52,000
98,60,92,800
23.98
RNFI Services Subscription Status day-by-day-
Categories
22 July
23 July
24 July
QIB
0.00
0.76
140.66
NII
4.08
26.43
513.31
RII
10.14
36.20
142.63
Total
5.92
23.98
221.50
RNFI Services 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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