SMEClosed

Rulka Electricals Limited IPO Subscription Status

📅Offer Date: 16 May 2024 – 21 May 2024

Minimum investment
₹1,41,000600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total676.90x
QIB0.00x
NII0.00x
Retail658.32x

Rulka Electricals Limited IPO was subscribed 676.90x in total when bidding closed on 21 May 2024, with 0.00x in the QIB category, 0.00x in NII, 658.32x in retail. The issue ran from 16 May 2024 to 21 May 2024 at a price band of ₹223.00–₹235.00 per share.

QIB0.00xNII0.00xRetail658.32xTotal676.90x1×

Times subscribed by category against the 1× line.

659
≈ 1 in 659 retail allotment
low allotment chance

Based on retail subscription (658.32x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail3,73,80024,60,80,016658.32x
Total7,47,60050,60,50,440676.90x
QIB / NII2,13,60000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail8.785782.88658.32x
QIB / NII5.02—0.00x
Total13.805782.88676.90x

Values derived from share count × issue price (₹235.00)

What this means for allotment & listing

Because Rulka Electricals Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Rulka Electricals Limited IPO subscription FAQs