Rachana Infrastructure Limited IPO
Rachana Infrastructure Limited was a SME IPO in the Civil Construction sector, offered at ₹135–₹135 per share to raise ₹76 crore. It listed on 10 Jun 2022 at ₹138 and closed its first day at ₹139, a listing gain of +2.6% versus the ₹135 issue price. It now trades around ₹32 (-76.3% versus the issue price).
Frequently asked questions
- What were the Rachana Infrastructure Limited IPO listing gains?
- Rachana Infrastructure Limited listed on 10 Jun 2022 at ₹138, closing its first day at ₹139 — a listing gain of +2.6% versus the ₹135 issue price.
- What was the price band and lot size of the Rachana Infrastructure Limited IPO?
- The price band was ₹135–₹135 per share, with a minimum lot of 1,000 shares (₹1,35,000 at the upper band).
- Who were the registrar and lead manager for the Rachana Infrastructure Limited IPO?
- Bigshare Services Private Limited was the registrar, and Interactive Financials Services was the book-running lead manager.