Racks and Rollers IPO allotment to be out today; latest GMP, 6 steps to check status

Today's ground of allotment enables investors to find retired if and however galore shares they person been allocated. The shares that person been allocated volition beryllium deposited into their Demat accounts connected Tuesday, May 7. Starting connected Tuesday is the refund process for those who were not granted shares.

Wednesday, May 8, is erstwhile Racks and Rollers shares will database connected the BSE SME. Here's however to cheque the presumption of your stock allotment if you applied.

If you applied for the IPO, you whitethorn sojourn the website of IPO registrar Integrated Registry Management Services Private Ltd contiguous to verify the presumption of your allotment.

1. How to cheque Racks and Rollers IPO allotment presumption connected registrar's website?

Step 1

- Open the registrar's website and log successful - https://www.integratedindia.in/

Step 2

- Select 'Racks and Rollers' arsenic the IPO Name from the enactment barroom that descends.

Step 3

- Select 1 of the following: PAN Number, Application Number, oregon DP ID.

Step 4

- Insert a PAN, application, oregon demat relationship fig arsenic necessary.

Step 5

- Select the 'Search' fastener by clicking connected it.

Step 6

- You whitethorn presumption the presumption of your Racks and Rollers IPO allocation connected the surface (desktop oregon mobile).

2. How tin 1 cheque Racks and Rollers IPO Allotment Status successful Demat Account?

Step 1

- You tin log into your trading oregon demat account, springiness the broker a call, oregon both.

Step 2

- Verify if your relationship has been credited with the stock.

Step 3

- If the allocation has been received, the credited shares volition amusement up successful the Demat account.

3. How tin 1 cheque the allotment presumption of Racks and Rollers IPO successful slope account?

Step 1

- Enter the slope relationship that you utilized to marque your Racks and Rollers IPO application.

Step 2

- Check retired the Tab for Balance. If you got the allocation, the sum volition beryllium deducted. The wealth volition beryllium reimbursed to you if your allocation was not received.

Step 3

- An SMS verifying your allocation volition beryllium sent to you.

Racks and Rollers IPO GMP today

Racks and Rollers IPO GMP oregon grey marketplace premium is +53. This indicates Racks and Rollers stock terms were trading astatine a premium of ₹53 successful the grey market, according to investorgain.com.

After taking into information the precocious extremity of the IPO pricing scope and the contiguous premium connected the grey market, shares of Racks and Rollers are anticipated to database astatine a terms of ₹131 per share, which is 67.95% higher than the IPO terms of ₹78.

'Grey marketplace premium' indicates investors' readiness to wage much than the contented price.

Racks and Rollers IPO subscription status

Racks & Rollers IPO subscription presumption was 278.82 times, connected time 3. The retail information was subscribed 242.74 times, and NII information was booked 577.02 times. The qualified institutions buyers (QIBs) were booked 117.86 times, according to information connected chittorgarh.com.

On the archetypal day, the contented was booked 2.98 times, and the 2nd time fetched 32.26 times subscription. 

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Published: 06 May 2024, 11:59 AM IST