R K SWAMY IPO is a book-built issuance worth Rs 423.56 crore. The offering consists of a fresh issue of 0.6 crore shares totaling Rs 173.00 crores and an offer to sell of 0.87 crore shares totaling Rs 250.56 crores.
R K SWAMY IPO subscriptions commenced on March 4, 2024 and will conclude on March 6, 2024. The allotment for the R K SWAMY IPO is expected to be completed on Thursday, March 7, 2024. R K SWAMY IPO will list on the BSE and NSE, with a tentative listing date of Tuesday, March 12, 2024.
The R K SWAMY IPO price band ranges from ₹270 to ₹288 per share. The minimum lot size for an application is 50 shares. The minimum investment for retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (700 shares) at ₹201,600, whereas for bNII it is 70 lots (3,500 shares) at ₹1,008,000.
R K SWAMY IPO Details
| IPO Date | March 4, 2024 to March 6, 2024 |
| Listing Date | [.] |
| Face Value | Rs 5 per share |
| Price Band | Rs 270 to Rs 288 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 14,706,944 shares (aggregating up to Rs 423.56 Cr) |
| Fresh Issue | 6,006,944 shares (aggregating up to Rs 173.00 Cr) |
| Offer for Sale | 8,700,000 shares of Rs 5 (aggregating up to Rs 250.56 Cr) |
| Employee Discount | Rs 27 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 44,457,140 |
| Share holding post issue | 50,464,084 |
R K SWAMY IPO Timeline
| IPO Open Date | Monday, March 4, 2024 |
| IPO Close Date | Wednesday, March 6, 2024 |
| Basis of Allotment | Thursday, March 7, 2024 |
| Initiation of Refunds | Monday, March 11, 2024 |
| Credit of Shares to Demat | Monday, March 11, 2024 |
| Listing Date | Tuesday, March 12, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 6, 2024 |
R K SWAMY IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | Rs 14,400 |
| Retail (Max) | 13 | 650 | Rs 187,200 |
| S-HNI (Min) | 14 | 700 | Rs 201,600 |
| S-HNI (Max) | 69 | 3,450 | Rs 993,600 |
| B-HNI (Min) | 70 | 3,500 | Rs 1,008,000 |
