Rashi Peripherals IPO Allotment Status: Check online by using PAN on BSE, Link Intime

Rashi Peripherals IPO Allotment Status, Rashi Peripherals IPO Allotment Date and Time: The initial public offering of Rashi Peripherals got a good response from investors and was subscribed 59.71 times on the final day of subscription on Friday. According to the information available, the share allotment for Rashi Peripherals may be finalised by today evening. Once completed, investors can check the allotment status online by visiting the official website of the BSE or Link Intime - the official website of the registrar. 

Rashi Peripherals IPO  Allotment Status on BSE

Below are some easy steps to check Rashi Peripherals IPO's allotment status on the official website of the Bombay Stock Exchange (BSE). 

Step 1: Visit the official website of BSE and click on the 'Status of Issue Application' or use this direct link - https://www.bseindia.com/investors/appli_check.aspx.

Step 2:  Under the ‘Issue Type’ section, select ‘Equity’. 

Step 3: Select ‘Rashi Peripherals IPO’ from the dropdown menu.

Step 4: Enter details like application number or PAN number.

Step 5: Click on 'I am not a Robot' and submit.

Rashi Peripherals IPO allotment status: Check status on Link Intime

Link Intime India Private Ltd is the official registrar for the initial public offering (IPO). You can check the allotment status on the official website.

Step 1: Visit the official website of LINK INTIME or use this link - https://linkintime.co.in/mipo/ipoallotment.html.

Step 2: Click on any of the 5 available links on the page to view IPO Allotment Status.

Step 3: Select Rashi Peripherals IPO from the drop-down.

Step 4: Provide one of the details - Application No or Demat Account or PAN

Step 5: Provide Application Number. 

Step 6: Enter the captcha and click on Submit.

Rashi Peripherals IPO Listing Date

The equity shares of Rashi Peripherals are proposed to be listed on BSE and NSE. They are expected to be listed on February 14. 

The Initial Public Offering (IPO) of up to Rs 600 crore had a price range of Rs 295-311 a share and is completely a fresh issue of equity shares.

Rashi Peripherals IPO: Here's what market wizard Anil Singhvi suggests

Zee Business Managing Editor Anil Singhvi suggested investors to apply for the issue for a small listing gain as well as for the long term.

Earlier, Rashi Peripherals raised Rs 150 crore from institutional investors in a pre-IPO funding round. The company has also mobilised Rs 180 crore from anchor investors.

Out of the IPO proceeds, funds worth Rs 326 crore will be utilised for payment of debt and Rs 220 crore for funding working capital requirements and general corporate purposes.

JM Financial and ICICI Securities were the managers to the offer.