25, February, 2024
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Rashi Peripherals IPO: All You Need to Know About Allotment Status and Listing Date

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The eagerly anticipated Rashi Peripherals IPO allotment status is set to be finalized on February 12, with refunds commencing on February 13. Shareholders can anticipate their shares to be credited to their Demat accounts on the same day. The IPO is scheduled to be listed on February 14, generating significant buzz among investors.

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This IPO has garnered substantial attention, with an overall subscription rate of 62.95 times. Notably, Qualified Institutional Buyers (QIBs) showed immense interest, oversubscribing by 151.45 times, while Non-Institutional Investors (NIIs) oversubscribed by 66.15 times, and Retail investors by 11.01 times. Rashi Peripherals aims to raise approximately ₹600 Crores through this IPO, with a price band set between ₹295 to ₹311 per equity share. The listing will occur on both the BSE and NSE platforms.

For investors eagerly awaiting their allotment status, there are convenient online and offline methods to check. Online, investors can visit the Linkintime website and follow simple steps. Alternatively, they can opt for offline methods, such as checking through their bank accounts or Demat login.

Here’s a step-by-step guide to checking the Rashi Peripherals IPO allotment status:

Step 1: Checking Allotment Status on Linkintime:

  • Visit the Rashi Peripherals IPO allotment page on Linkintime.com.
  • Select ‘Rashi Peripherals’ from the dropdown menu.
  • Choose PAN Number, application Number, or DP ID.
  • Enter the relevant details and click ‘Search’ to view the allotment status.

Step 2: Checking Allotment Status in Demat Account:

  • Contact your broker or log in to your Demat account/trading account.
  • Verify if the shares have been credited to your account.

Step 3: Checking Allotment Status in Bank Account:

  • Log in to your bank account through which you applied for the IPO.
  • Navigate to the Balance Tab and check for any debits indicating allotment.

It’s important to note that the IPO Registrar handles the allotment and refund process. Investors with inquiries regarding allotment dates and procedures should reach out to the registrar directly.

For further clarity, here are some common FAQs regarding the Rashi Peripherals IPO Allotment Status:

When is the Rashi Peripherals IPO Allotment Date?

  • The allotment date is set for February 12, 2024.

What is the Refund Date for Rashi Peripherals IPO?

  • Refunds are scheduled to be processed on February 13, 2024.

What are the chances of receiving Rashi Peripherals IPO Allotment?

  • Allotment depends on the subscription rate, with a basis of allotment around 1:11 based on retail applications.

How can investors check their Allotment Status?

  • Investors can check via PAN number, application number, or by monitoring bank debits.

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As the IPO journey progresses, investors can easily track their allotment status using the provided methods, ensuring a seamless experience throughout the process.

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