Rajputana Steel IPO — Listing Day Preview
Rajputana Steel is set to debut on the bourses this Friday, March 20, listed on both BSE and NSE. Here's a complete picture ahead of listing.
Allotment & Bidding Summary Share allotment was finalised on Tuesday, March 17, following a bid withdrawal window that ran from March 12 to March 16. The IPO was subscribed 1.12 times overall, attracting bids worth ₹285.72 crore from nearly 23,000 applications.
Category-wise Subscription Retail Individual Investors (RII) subscribed 27% of their portion, Non-Institutional Investors (NII) came in at 2.59 times, and Qualified Institutional Buyers (QIB) subscribed 2.51 times.
GMP Signal — Muted Listing Expected The Grey Market Premium (GMP) trend ahead of listing points to a modest debut, with early signals suggesting a listing pop of approximately 3%.
