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July 22, 2024 - July 24, 2024

RNFI Services IPO FAQ

RNFI Services IPO Date & Price

The RNFI Services IPO opens on July 22, 2024 and closes on July 24, 2024.

RNFI Services IPO timetable / schedule is as below:
  • Bid/Offer Opens On: July 22, 2024
  • Bid/Offer Closes On: July 24, 2024
  • Finalization of Basis of Allotment: July 25, 2024
  • Initiation of refunds: July 26, 2024
  • Credit of Equity Shares: July 26, 2024
  • Listing Date: July 29, 2024

RNFI Services IPO price is set at ₹105 per equity share.

RNFI Services IPO will close for subscription at 5 PM on July 24, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The RNFI Services IPO starts on July 22, 2024. The issue ends on July 24, 2024.

RNFI Services IPO Issue Size and Subscription Status

The RNFI Services IPO size is 6744000 Equity Shares of ₹10 aggregating up to ₹70.81 Cr.

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

RNFI Services IPO Offer Size

Qualified Institutional Buyers (QIB)1,272,000 Shares
Non-Institutional Investors (NII)954,000 Shares
Retail Individual Investor (RII)2,226,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size4,452,000 Shares

RNFI Services IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)140.66 times times
Non-Institutional Investors (NII)513.31 times times
Retail Individual Investor (RII)142.62 times times
Employee Reservations times
Other Reservations times
Total Issue Size221.49 times times

Click here to check the RNFI Services 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 RNFI Services 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 RNFI Services 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.

RNFI Services IPO Allotment and Listing

The RNFI Services IPO allot status will be available online on July 25, 2024. Check the RNFI Services IPO Allotment Status here.

Click here to check RNFI Services IPO Allotment Status.

RNFI Services IPO listing Date is July 29, 2024. 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 RNFI Services IPO listing date and time is published by the exchange in a circular.

Click here to view the RNFI Services IPO Basis of Allotment.

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

The RNFI Services IPO shares will list on July 29, 2024 at NSE SME.

RNFI Services 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 RNFI Services IPO which could help you with questions like RNFI Services IPO buy or not? You should also read RNFI Services 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.

RNFI Services 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 RNFI Services IPO performance. The performance reports are available 1 day after listing.