Rashi Peripherals IPO has successfully created a buzz in Dalal Street and the IPO debuted on Feb 7, 2024, and ended on Feb 9, 2024. The price band of this IPO was ₹295 to ₹311 per share. Now the focus of investors has shifted to the Rashi Peripherals IPO allotment. Let’s explore all the key details and how you can check the allotment status online with your PAN number. All the important steps are available below.
Rashi Peripherals has raised ₹600 crore through this Initial Public Offer in which the company offered a fresh issue of ₹600 crore. The IPO was fully subscribed on Day 1. The qualified institutions subscribed 151.45 times. But as always retail investors are in the focus of everyone. This time retail investors have subscribed to Rashi Perpherals IPO 11.01 times.
Currently, Rashi Peripherals IPO GMP is at ₹83. The estimated listing gain is 26% and as per the expectations, Rashi Peripherals can be listed at a price ₹394. The IPO will be listed on Feb 14, 2024.
Rashi Peripherals IPO allotment will be released on Feb 12, 2024. All the applicants will get the allotment status on the day and below are the steps that you need to follow to check the status online. These are the steps you need to follow to check the allotment status online.
- Login at direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html;
- Select Rashi Peripherals Limited IPO;
- Enter your PAN details; and
- Click on the ‘Search’ option.
Rashi Peripherals IPO allotment will be available on the official website which is given above. The applicants can check the status through their PAN number. Applicants who get the allotment will get the credit of shares in their Demat account in the next two days after the allotment. Stay tuned to know the latest business news on our website.