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RNFI Services Limited IPO

RNFI Services Limited was a SME IPO in the Other Financial Services sector, offered at ₹98–₹105 per share to raise ₹71 crore. It listed on 29 Jul 2024 at ₹200 and closed its first day at ₹190, a listing gain of +80.5% versus the ₹105 issue price. It now trades around ₹315 (+199.9% versus the issue price).

Frequently asked questions

What were the RNFI Services Limited IPO listing gains?
RNFI Services Limited listed on 29 Jul 2024 at ₹200, closing its first day at ₹190 — a listing gain of +80.5% versus the ₹105 issue price.
What was the price band and lot size of the RNFI Services Limited IPO?
The price band was ₹98–₹105 per share, with a minimum lot of 1,200 shares (₹1,26,000 at the upper band).
Who were the registrar and lead manager for the RNFI Services Limited IPO?
Skyline Financial Services Private Limited was the registrar, and Choice Capital was the book-running lead manager.