IPO News: Rashi Peripherals Public Listing Subscribed About 60 Times, Know Allotment Date Status

RP Tech IPO: The bidding for Rashi Peripherals Ltd’s initial public offering (IPO) ended on Friday. Following three days of bidding, the Rashi Peripherals IPO subscription status indicates that the public offering received a strong response from primary market investors. The book build issue was subscribed to nearly 60 times its offer. As bidding has ended, all investors are eagerly awaiting the Rashi Peripherals IPO allotment date, which is most likely on February 12, 2024, i.e., Monday next week.

Rashi Peripherals IPO Status

The IPO opened on February 7 and ended on February 9. The expected date of the IPO allotment is February 12, 2024. By visiting the BSE website or the official website of the Rashi Peripherals IPO registrar, individuals who have applied for the public issue can check the status of their application online. The price range for the Rashi Peripherals IPO is Rs 295 to Rs 311 per share. Applications must have a minimum lot size of 48 shares. Retail investors are required to invest a minimum of Rs 14,928.