Ramdevbaba Solvent IPO allotment to be out today; GMP, steps to check allotment status

Ramdevbaba Solvent IPO is an SME IPO that opened for subscription connected April 15 and closed connected April 18. Ramdevbaba Solvent IPO allotment day is April 19 and the equity shares of the institution volition beryllium listed connected NSE SME with a tentative listing day fixed connected April 23.

Investors tin cheque Ramdevbaba Solvent IPO allotment presumption online done the IPO registrar’s website. The ground of allotment is expected to beryllium finalized contiguous and bidders tin cognize if and however galore shares they person been allotted.

Also Read: Vodafone Idea FPO time 2: GMP, subscription presumption to review. Should you subscribe to this ₹18,000 crore issue?

Ramdevbaba Solvent IPO registrar is Bigshare Services Pvt Ltd. The IPO investors tin bash the Ramdevbaba Solvent IPO allotment presumption cheque online connected the IPO registrar’s portal.

The Ramdevbaba Solvent IPO allotment presumption tin beryllium checked online by pursuing 5 casual steps mentioned below.

Steps to cheque Ramdevbaba Solvent IPO allotment presumption online

Step 1: Visit IPO registrar’s website connected this nexus - https://ipo.bigshareonline.com/ipo_status.html

Step 2: Select ‘Ramdevbaba Solvent Limited’ successful the Company Selection dropdown menu

Step 3: Choose among the 3 options - Application ID, Beneficiary ID oregon PAN

Step 4: Enter the details arsenic per the enactment selected

Step 5: Enter the Captcha and deed Search

Also Read: Grill Splendour Services IPO allotment to beryllium finalised soon; cheque latest GMP, 4 steps to cheque status

Ramdevbaba Solvent IPO Subscription Status

Ramdevbaba Solvent IPO has been subscribed 126.21 times successful total. The nationalist contented was subscribed 79.96 times successful the retail category, 65.95 times successful the Qualified Institutional Buyers (QIB) category, and 314.46 times successful the Non-Institutional Investors (NII) category.

Ramdevbaba Solvent IPO GMP Today

Ramdevbaba Solvent IPO GMP today, oregon grey marketplace premium today, has dropped to ₹20 per share, arsenic per banal marketplace observers. This indicated that Ramdevbaba Solvent shares are trading higher by ₹20 apiece successful the grey marketplace than their IPO terms of ₹85 per share.

Considering the GMP contiguous and the contented price, Ramdevbaba Solvent shares’ estimated listing terms is ₹105 apiece, a premium of 23.53% to the contented price.

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Ramdevbaba Solvent IPO Details

Ramdevbaba Solvent IPO is an SME IPO that commenced for subscription connected April 15 and concluded connected April 18. Ramdevbaba Solvent IPO allotment is expected to beryllium finalized today, Friday, April 19. The IPO listing day is April 23 and the shares volition beryllium listed connected NSE SME.

Ramdevbaba Solvent IPO terms set is ₹80 to ₹85 per share. At the precocious extremity of the terms band, the institution raised ₹50.27 crore from the book-built contented which was wholly a caller contented of 59.14 lakh equity shares.

Choice Capital Advisors Pvt Ltd is the book-running pb manager of the Ramdevbaba Solvent IPO, portion Bigshare Services Pvt Ltd is the IPO registrar.

Ramdevbaba Solvent IPO is engaged successful the concern of manufacturing, distribution, selling and merchantability of atom bran lipid to FMCG companies.

Prashant Bhaiya, Nilesh Mohata, and Tushar Mohata are the promoters of the company.

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Published: 19 Apr 2024, 12:50 PM IST