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September 24, 2018 - September 27, 2018

Rajnandini Metal IPO FAQ

Rajnandini Metal IPO Date & Price

The Rajnandini Metal IPO opens on September 24, 2018 and closes on September 27, 2018.

Sorry the Rajnandini Metal IPO timelines are not available at this time.

Rajnandini Metal IPO price is set at ₹26 per equity share.

Rajnandini Metal IPO will close for subscription at 5 PM on September 27, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Rajnandini Metal IPO starts on September 24, 2018. The issue ends on September 27, 2018.

Rajnandini Metal IPO Issue Size and Subscription Status

The Rajnandini Metal IPO size is 1644000 Equity Shares of ₹10 aggregating up to ₹4.27 Cr.

Rajnandini Metal Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Rajnandini Metal IPO shares through the banks (using ASBA) or through the broker (using UPI).

Rajnandini Metal IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)780,000 Shares
Retail Individual Investor (RII)780,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,560,000 Shares

Rajnandini Metal IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.38 times times
Retail Individual Investor (RII)0.38 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.38 times times

Click here to check the Rajnandini Metal IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Rajnandini Metal IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check Rajnandini Metal IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Rajnandini Metal IPO Allotment and Listing

The tentative date for Rajnandini Metal IPO allotment status is not available at this time. You can check the Rajnandini Metal IPO Allotment Status as soon as it is available.

Click here to check Rajnandini Metal IPO Allotment Status.

Rajnandini Metal IPO listing Date is October 8, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Rajnandini Metal IPO listing date and time is published by the exchange in a circular.

Click here to view the Rajnandini Metal IPO Basis of Allotment.

It is hard to say at what price Rajnandini Metal IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Rajnandini Metal IPO shares will list on October 8, 2018 at NSE SME.

Rajnandini Metal IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Rajnandini Metal IPO which could help you with questions like Rajnandini Metal IPO buy or not? You should also read Rajnandini Metal IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Rajnandini Metal IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Rajnandini Metal IPO performance. The performance reports are available 1 day after listing.