"RK Swamy IPO: Your Ultimate Guide - GMP, Review, Subscription Status, Price, and More. Should You Apply?"
RK Swamy IPO GMP: Market observers report a premium of ₹58 in the grey market for shares of the company.
RK Swamy IPO Price: The price band for the book build issue is set at ₹270 to ₹288 per equity share.
RK Swamy IPO: Today marks the debut of RK Swamy Limited's IPO in the Indian primary market, open until 6th March 2024. With a targeted fundraise of ₹423.56 crore through a combination of fresh issues and OFS, the company is gearing up to revolutionize the integrated marketing communications sector. Fresh shares aim to raise ₹173 crore, while ₹250.56 crore is allocated for OFS. As anticipation builds, traders have already started dabbling in the grey market, with the RK Swamy IPO GMP sitting at ₹58.
RK Swamy IPO Subscription Status:
As of 11:48 AM on the first day of bidding, the IPO has garnered 0.56 times subscription overall, with the retail portion oversubscribed at 2.36 times. The NII segment stands at 0.54 times subscription.
Key RK Swamy IPO Details:
1. RK Swamy IPO GMP Today: Market observers highlight a premium of ₹58 for shares of the company in the grey market.
2. RK Swamy IPO Price: The book build issue boasts a price band of ₹270 to ₹288 per equity share.
3. RK Swamy IPO Date: The IPO commenced today and will run until 6th March 2024.
Also Read: Discover the Buzz in Primary Market - From RK Swamy IPO to Pune E-Stock Broking IPO: A Week of 8 New Issues and 7 Listings
4. RK Swamy IPO Size: With a targeted raise of ₹423.56 crore, the IPO combines fresh shares and OFS, aiming to collect ₹173 crore from fresh shares issuance and ₹250.56 crore from OFS.
