What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Rashi Peripherals Limited IPO?

Rashi Peripherals Limited IPO has received a total subscription of 62.95 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rashi Peripherals Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Rashi Peripherals Limited is a major Indian distributor of global technology brands, providing a wide range of ICT products along with value-added services such as pre-sales support, technical help, marketing assistance, credit facilities, and warranty management. The company partners with leading brands like ASUS, Dell, HP, Lenovo, Logitech, NVIDIA, Intel, Western Digital, Schneider Electric, Eaton, LG, and Toshiba, and as of September 30, 2022, it served as the national distributor for 48 global brands. Its revenue has grown rapidly, rising from ₹39,344.82M in Fiscal 2020 to ₹93,134.38M in Fiscal 2022, with ₹50,238.09M recorded in the first half of 2022. With a strong national footprint of 50 branches, 50 service centers, 62 warehouses, and 8,657 channel partners across 730 locations, the company maintains a wide and efficient distribution network. As of September 30, 2022, Rashi Peripherals employed 1,322 people, including dedicated sales, marketing, and technical support teams that contribute to its nationwide reach and customer service.

Price Band

₹295 – ₹311

Issue Size

₹600 Cr

Lot Size

48 shares

GMP

₹34

+10.9%

Est. Listing

₹345

at current GMP

Subscribed

62.95x

overall

Open

7 Feb 2024

9 Feb 2024

Allotment

12 Feb 2024

Refund

13 Feb 2024

Demat Credit

14 Feb 2024

Listing

14 Feb 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

62.95x

Total Demand

QIB Multiplier

151.45x

Institutions & Funds

NII / HNI

66.15x

High Net-Worth

Retail (RII)

11.01x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 62.95x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	3,858,520	584,390,736	151.45x
NIB	2,893,891	191,443,488	66.15x
HNIs(10L +)	1,929,260	143,748,672	74.51x
HNIs (2-10L)	964,631	47,694,816	49.44x
RETAIL	6,752,412	74,327,712	11.01x
Total	16,398,714	1,041,605,424	62.95x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 12.98x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	140,675	1,548,832	11.01x
HNIs (10L +)	900	59,535	66.15x
HNIs (2-10L)	4,306	284,842	66.15x
Total Applications	145,881	1,893,209	12.98x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Rashi Peripherals Limited Public Issue & Market Profile

Rashi Peripherals Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹600 Crores. The shares are offered at a price band of ₹295 to ₹311 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 48 shares (approx. ₹14,928 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-14, while un-allotted funds or UPI block mandates will be released on 2024-02-13.

Frequently Asked Questions

What is Rashi Peripherals Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Rashi Peripherals Limited IPO is ₹34 per equity share. Based on the upper price band of ₹295 to ₹311 per equity share, the estimated listing price is ₹345 (+10.9% expected listing gain).

What is the expected profit per lot for Rashi Peripherals Limited IPO?

With a lot size of 48 shares and current GMP of ₹34, the expected profit per application lot is approx ₹1,632 (+10.9% gain). Minimum application cost is approx ₹14,928.

What is the issue size and price band for Rashi Peripherals Limited IPO?

The Rashi Peripherals Limited IPO aggregate issue size is ₹600 Crores with an equity price band set at ₹295 to ₹311 per equity share. The retail lot size is 48 shares requiring a minimum capital outlay of approx. ₹14,928.

How can I check Rashi Peripherals Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 62.95x (Retail: 11.01x, QIB: 151.45x, NII: 66.15x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rashi Peripherals Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-02-12. Investors can verify status using PAN card or application number.

When is the listing date for Rashi Peripherals Limited IPO?

Rashi Peripherals Limited shares are scheduled to list on NSE and BSE on 2024-02-14.