Rashi Peripherals IPO is a book-built transaction worth Rs 600.00 crore. The offering is totally new, totaling 1.93 crore shares.
The Rashi Peripherals IPO will be offered for subscriptions on February 7, 2024 and close on February 9, 2024. The allotment for the Rashi Peripherals IPO is expected to be completed on Monday, February 12, 2024. Rashi Peripherals IPO will list on the BSE and NSE, with a tentative listing date of Wednesday, February 14, 2024.
Rashi Peripherals’ IPO price range is ₹295-311 per share. The minimum lot size for an application is 48 shares. Retail investors are required to invest a minimum of ₹14,928. The minimum lot size investment for sNII is 14 lots (672 shares) worth ₹208,992, while for bNII, it is 67 lots (3,216 shares) worth ₹1,000,176.
Rashi Peripherals IPO Details
| IPO Date | February 7, 2024 to February 9, 2024 |
| Listing Date | [.] |
| Face Value | Rs 5 per share |
| Price Band | Rs 295 to Rs 311 per share |
| Lot Size | 48 Shares |
| Total Issue Size | 19,292,604 shares (aggregating up to Rs 600.00 Cr) |
| Fresh Issue | 19,292,604 shares (aggregating up to Rs 600.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 46,607,061 |
| Share holding post issue | 65,899,665 |
Rashi Peripherals IPO Timeline
| IPO Open Date | Wednesday, February 7, 2024 |
| IPO Close Date | Friday, February 9, 2024 |
| Basis of Allotment | Monday, February 12, 2024 |
| Initiation of Refunds | Tuesday, February 13, 2024 |
| Credit of Shares to Demat | Tuesday, February 13, 2024 |
| Listing Date | Wednesday, February 14, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 9, 2024 |
Rashi Peripherals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 48 | Rs 14,928 |
| Retail (Max) | 13 | 624 | Rs 194,064 |
| S-HNI (Min) | 14 | 672 | Rs 208,992 |
| S-HNI (Max) | 66 | 3,168 | Rs 985,248 |
| B-HNI (Min) | 67 | 3,216 | Rs 1,000,176 |
