Rashi Peripherals Limited IPO
Rashi Peripherals Limited was a mainboard IPO in the Computers Hardware & Equipments sector, offered at ₹295–₹311 per share to raise ₹600 crore. The issue was subscribed 59.71× overall (QIBs 143.66×, NIIs 62.75×, retail 10.44×). It listed on 14 Feb 2024 at ₹340 and closed its first day at ₹322, a listing gain of +3.4% versus the ₹311 issue price. It now trades around ₹786 (+152.6% versus the issue price).
Frequently asked questions
- How many times was the Rashi Peripherals Limited IPO subscribed?
- The Rashi Peripherals Limited IPO was subscribed 59.71× overall — 143.66× in the QIB category, 62.75× among non-institutional investors, 10.44× in retail.
- What were the Rashi Peripherals Limited IPO listing gains?
- Rashi Peripherals Limited listed on 14 Feb 2024 at ₹340, closing its first day at ₹322 — a listing gain of +3.4% versus the ₹311 issue price.
- What were the retail allotment odds for the Rashi Peripherals Limited IPO?
- Retail was subscribed 10.44×, so a single-lot application had roughly a 9.6% chance of allotment (about 1 in 10), and allotment was finalised on 12 Feb 2024.
- What was the price band and lot size of the Rashi Peripherals Limited IPO?
- The price band was ₹295–₹311 per share, with a minimum lot of 48 shares (₹14,928 at the upper band).
- Who were the registrar and lead manager for the Rashi Peripherals Limited IPO?
- Link Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.