Rashi Peripherals IPO Listing Highlights: Shares list at premium of 9.16% - Buy, Sell or Hold? Check Anil Singhvi's view
Rashi Peripherals IPO Listing Highlights, Rashi Peripherals Share Price NSE, BSE: The shares of Rashi Peripherals made a muted debut on Dalal Street today i.e. February 14.
The stock listed at Rs 339.50 on NSE, a premium of 9.16 per cent to its issue price of Rs 311. Meanwhile, on BSE, the stock jumped 7.72 per cent from its issue price to list at Rs 335.
Earlier, the IPO received a good response from investors and was subscribed around 59.71 times on the final day on Friday.
Follow Zee Business Blog for all the latest updates on the listing of Rashi Peripherals IPO:
Rashi Peripherals IPO Listing Highlights, Rashi Peripherals Share Price NSE, BSE: The shares of Rashi Peripherals made a muted debut on Dalal Street today i.e. February 14.
The stock listed at Rs 339.50 on NSE, a premium of 9.16 per cent to its issue price of Rs 311. Meanwhile, on BSE, the stock jumped 7.72 per cent from its issue price to list at Rs 335.
Earlier, the IPO received a good response from investors and was subscribed around 59.71 times on the final day on Friday.
Follow Zee Business Blog for all the latest updates on the listing of Rashi Peripherals IPO:
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Rashi Peripherals IPO Listing LIVE Update, RP Tech Share Price NSE, BSE: Price settles at 9.16% premium to issue price in pre-open market
In the pre-opening session, Rashi Peripherals shares settled at Rs 339.50 on the NSE, a premium of 9.16 per cent to the issue price of Rs 311.
Rashi Peripherals IPO Listing LIVE Update, RP Tech Share Price NSE, BSE: Check Stoploss by Anil Singhvi
According to Zee Business Managing Editor Anil Singhvi, long-term investors can hold and short-term investors can hold shares of Rashi Peripherals with stoploss of Rs 325.
Rashi Peripherals IPO Listing LIVE Update, RP Tech Share Price NSE, BSE: Check Anil Singhvi's View
According to Zee Business Managing Editor Anil Singhvi, the listing of shares of Rashi Peripherals is expected to be in the range of Rs 340-350. The issue price of the IPO was Rs 311.
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The quota for Qualified Institutional Buyers (QIBs) received 143.66 times subscription while the portion for non-institutional investors got subscribed 62.75 times.
Rashi Peripherals IPO Listing LIVE Update, RP Tech Share Price NSE, BSE: Received bids for 85,01,64,480 shares
The initial share sale received bids for 85,01,64,480 shares against 1,42,37,289 shares on offer, according to data available on the NSE. The initial public offering of information and communications technology products distributor Rashi Peripherals got subscribed 59.71 times on the final day of subscription on Friday.