Rajnandini Metal IPO Subscription Details (Live Status)

Rajnandini Metal IPO Details

Issue Open Sep 24, 2018
Issue Close Sep 27, 2018
IPO Price ₹26
Face Value ₹10
IPO Size ₹4.27 Cr
Listing At NSE SME
IPO Lot Size 4000

Rajnandini Metal IPO Subscription Status Live

Rajnandini Metal IPO subscribed 1.38 times. The public issue subscribed 0.38 times in the retail category, [.] times in QIB, and 2.38 times in the NII category by Sep 27, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers2.38
Retail Investors0.38

Rajnandini Metal IPO Subscription Details (times)


Day 1
Sep 24, 2018




Day 2
Sep 25, 2018




Day 3
Sep 26, 2018




Day 4
Sep 27, 2018




Rajnandini Metal IPO Shares Offered

Rajnandini Metal IPO is a public issue of 1,560,000 equity shares. The issue offers 780,000 shares to retail investors, 0 shares to qualified institutional buyers, and 780,000 shares to non-institutional investors.

CategoryShares Offered%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Rajnandini Metal IPO Subscription FAQs

The Rajnandini Metal IPO is subscribed 1.38 by Sep 27, 2018.

Rajnandini Metal IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.38
Retail Individual0.38
Employee Reservations[.]
Total Subscription1.38

Retail category of Rajnandini Metal IPO subscribed 0.38 times as of date Sep 27, 2018. The public issue closes on Sep 27, 2018 for bidding.

An investor can apply in Rajnandini Metal IPO online via bank (using ASBA) or the broker (using UPI). The Rajnandini Metal IPO shares are offered online only.

The Rajnandini Metal IPO is subscribed 1.38 by Sep 27, 2018.

The Rajnandini Metal IPO allotment status is expected on or around . Visit Rajnandini Metal IPO allotment status to check.

The Rajnandini Metal IPO listing date is Monday, October 8, 2018. The equity share of Rajnandini Metal Limited will list on NSE SME.

Visit Rajnandini Metal IPO subscription status page for real-time bidding information about Rajnandini Metal IPO.

Rajnandini Metal IPO Timetable

IPO Opens OnSep 24, 2018
IPO Closes OnSep 27, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date