RNFI Services’s IPO will hit the market on July 22, 2024, and closes on July 24, 2024. The RNFI Services IPO GMP Kostak rate and subject to sauda updated as of today. The RNFI Services IPO Grey Market Premium has not started at this time, but as some movement is possible soon, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check RNFI Services IPO subscription status here.
RNFI Services Limited is a financial technology firm that offers B2B and B2B2C solutions through its online portal and mobile application. It focuses on providing banking, digital, and Government-to-Citizen (G2C) services across India. The company has partnered with eleven financial institutions, including National private and public sector banks and payment banks. These institutions are engaged as business correspondents to provide financial inclusion services.
RNFI Services IPO Issue size of ₹70.81 Crores, in which Fresh Issue of ₹70.81 Crores and issue price band has been fixed at ₹98 to ₹105 Per Share. The RNFI Services IPO is to be listed on July 29, 2024, NSE, SME. You can check RNFI Services IPO Allotment Status here.
What is RNFI Services IPO GMP Today?
■ The RNFI Services IPO GMP Today Or Grey Market Premium is ₹90.
What is RNFI Services IPO Kostak Rates Today?
■ The RNFI Services IPO Kostak rate is ₹0.
What is RNFI Services IPO Subject to Sauda Price Today?
■ The RNFI Services IPO Subject to Sauda rates is ₹81500.
RNFI Services IPO Approximately Returns?
■ The RNFI Services IPO’s approximate return is 85%, which can also change according to the Market Sentiment.
RNFI Services IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 29 Jul 2024 | List:₹199.50 Gain:90.00% | ₹0 | ₹81500 |
| 28 Jul 2024 | ₹90  | ₹0 | ₹81500 |
| 27 Jul 2024 | ₹90  | ₹0 | ₹81500 |
| 26 Jul 2024 | ₹85 | ₹0 | ₹77500 |
| 25 Jul 2024 | ₹85 | ₹0 | ₹77500 |
| 24 Jul 2024 | ₹85 | ₹0 | ₹77500 |
| 23 Jul 2024 | ₹70 | ₹0 | ₹64000 |
| 22 Jul 2024 | ₹65 | ₹0 | ₹60000 |
| 21 Jul 2024 | ₹50 | ₹0 | ₹45500 |
| 20 Jul 2024 | ₹50 | ₹0 | ₹45500 |
| 19 Jul 2024 | ₹50 | ₹0 | ₹45500 |
| 18 Jul 2024 | ₹45 | ₹0 | ₹41000 |
| 17 Jul 2024 | ₹45 | ₹0 | ₹41000 |
| 16 Jul 2024 | ₹38 | ₹0 | ₹32000 |
| 15 Jul 2024 | ₹10 | ₹0 | ₹9000 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on several factors, including the overall market sentiment and the company’s performance in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the general stock market volatility.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| RNFI Services IPO Details: Click Here RNFI Services IPO Subscription: 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, click here.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.