The RNFI Services IPO Subscription Status started on July 22, 2024, and it is also being subscribed to by QIB, NII, and RII. The RNFI Services IPO opened on July 22, 2024, and closes on July 24, 2024. RNFI Services IPO is to raise ₹70.81 crores through its Fresh Issue and the RNFI Services IPO price band is fixed at ₹98 to ₹105 per share. You can check RNFI Services IPO GMP here.
RNFI Services Limited is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via our online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (“G2C”) services on PAN India.
RNFI Services IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the RNFI Services IPO Subscription Status, you can see the below-day Subscription. You can check RNFI Services IPO Allotment Status here.
RNFI Services IPO Review :
👉 RNFI Services IPO Show Review ….👈
- ■ The company is engaged in providing fintech solutions in B2B and B2B2C models.
- ■ The company top line & bottom line posted strong growth.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is slightly aggressive based on the FY 24 earnings.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
RNFI Services IPO Subscription Status {Live Update} :
The total RNFI Services IPO Subscription Status subscribed 221.49x times so far, with QIB subscribed 140.66x and NII subscribed 513.31x times & RII 142.62x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.76x | 140.66x |
| NII : | 4.08x | 26.43x | 513.31x |
| RII : | 10.14x | 36.60x | 142.62x |
| Total : | 5.94x | 23.98x | 221.49x |
RNFI Services IPO Shares Offer :
RNFI Services IPO Net Reservation of 67,44,000 shares is to be bid for the public issue by RNFI Services IPO with 12,72,000 for QIB 9,54,000 for NII 22,26,000 For RII.
| Category | Reservation | Shares | Amount Cr |
| Anchor : | 28.29% | 19,08,000 | ₹20.03 |
| QIB : | 18.86% | 12,72,000 | ₹13.36 |
| NII : | 14.14% | 9,54,000 | ₹10.01 |
| RII : | 33.00% | 22,26,000 | ₹23.37 |
| MMRP : | 5.69% | 3,84,000 | ₹4.03 |
| Total : | 100% | 67,44,000 | ₹70.81 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
RNFI Services IPO Subscription Status FAQs :
How much was the total RNFI Services IPO Subscription Status?
The total RNFI Services IPO Subscription Status is 221.49x times Day 3.
How much is the RNFI Services IPO retail subscription Status?
RNFI Services IPO Retail Subscription 142.62x times Day 3.
How much is the RNFI Services IPO QIB subscription Status?
The RNFI Services IPO QIB subscription 140.66x times Day 3.
How much did RNFI Services IPO NII subscribe?
RNFI Services IPO NII Subscription 513.31x times Day 3.
When is RNFI Services’s IPO Allotment Date?
RNFI Services’s IPO allotment date is June 25, 2024.
When is RNFI Services’s IPO Listing Date?
RNFI Services’s IPO listing date is June 29, 2024. The IPO is to be listed on NSE, SME.
How do Apply the RNFI Services IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “RNFI Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the RNFI Services IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “RNFI Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the RNFI Services IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “RNFI Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How do Apply the RNFI Services IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “RNFI Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| RNFI Services IPO GMP: Click Here RNFI Services IPO Details: Click Here RNFI Services IPO Allotment: Click Here RNFI Services IPO Listing: Click Here |
All RNFI Services IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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