R K Swamy listing on 12 March 2024 : trading at INR 25 in GMP.

R K Swamy IPO share allotment got finalised on March 7 and will be going to be listed on both BSE and NSE on March 12, Tuesday. The Rs 423.56-crore IPO was made available for public subscription between March 4 and March 6. Ahead of the listing, the grey market is currently indicating a flat return for the IPO. In grey market the shares of R K Swamy are traded at INR 25 premium. Anticipated listing range is Rs 288 to 298.
Investors can check their IPO allotment status by visiting the Kfin Technologies Ltd portal.
The initial public offer of R K Swamy received subscription of 25.78 times on the last day of subscription on March 6. X
The portion for non-institutional investors received 34.24 times subscription and Retail Individual Investors got subscribed 33.31 times. The Qualified Institutional Buyer part got 20.58 times subscription. The 423 crore Initial Public Offer (IPO) had a fresh issue of up to Rs 173 crore and an offer for sale component of up to 87,00,000 equity shares.