Richa Info Systems IPO Details

IPO Open Feb 9, 2022
IPO Close Feb 11, 2022
IPO Price ₹125
Face Value ₹10
IPO Size ₹10.00 Cr
Listing At NSE SME
Lot Size 1000
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Richa Info Systems IPO Date & Price

The Richa Info Systems IPO opens on Feb 9, 2022 and closes on Feb 11, 2022.

Richa Info Systems IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Feb 9, 2022
  • Bid/Offer Closes On: Feb 11, 2022
  • Finalization of Basis of Allotment: Feb 16, 2022
  • Initiation of refunds: Feb 17, 2022
  • Credit of Equity Shares: Feb 17, 2022
  • Listing Date: Feb 21, 2022

Richa Info Systems IPO price is set at ₹125 per equity share.

Richa Info Systems IPO will close for subscription at 5 PM on Feb 11, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Richa Info Systems IPO starts on Feb 9, 2022. The issue ends on Feb 11, 2022.

Richa Info Systems IPO Issue Size and Subscription Status

The Richa Info Systems IPO size is 800000 Equity Shares of ₹10 aggregating up to ₹10.00 Cr.

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

Richa Info Systems IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)380,000 Shares
Retail Individual Investor (RII)380,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size760,000 Shares

Richa Info Systems IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)3.16 times times
Retail Individual Investor (RII)6.94 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.05 times times

Click here to check the Richa Info Systems 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 Richa Info Systems IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Richa Info Systems 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.

Richa Info Systems IPO Allotment and Listing

The Richa Info Systems IPO allot status will be available online on Feb 16, 2022. Check the Richa Info Systems IPO Allotment Status here.

Click here to check Richa Info Systems IPO Allotment Status.

Richa Info Systems IPO listing Date is Feb 21, 2022. 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 Richa Info Systems IPO listing date and time is published by the exchange in a circular.

Click here to view the Richa Info Systems IPO Basis of Allotment.

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

The Richa Info Systems IPO shares will list on Feb 21, 2022 at NSE SME.

Richa Info Systems 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 Richa Info Systems IPO which could help you with questions like Richa Info Systems IPO buy or not? You should also read Richa Info Systems 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.

Richa Info Systems 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 Richa Info Systems IPO performance. The performance reports are available 1 day after listing.