
Information Technology · NSE
Richa Info Systems, incorporated in 2010, specializes in assembling and integrating innovative products and systems, offering solutions such as Interactive Flat Panels, Interactive Boards, Digital Podiums, Digital Kiosks, and CCTV Cameras. The company imports raw materials from China and assembles semi-finished products in-house, with an 80:20 ratio of in-house assembling to outsourcing. Operating manually without its own plant or machinery, Richa Info Systems customizes and installs software as per client requirements, serving primarily in the product assembly and service industry.
Price Band
₹125
Issue Size
₹10.00 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹125
at current GMP
Subscribed
—
Open
9 Feb 2022
Close
11 Feb 2022
Allotment
16 Feb 2022
Refund
17 Feb 2022
Demat Credit
18 Feb 2022
Listing
21 Feb 2022
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 400,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 120,000 | — | 0.00x |
| Retail Individual (RII) | 280,000 | — | 0.00x |
| Total | 800,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 280 | 280 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 9 | 9 | 1.00x |
| Total Applications | 291 | 291 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Richa Info Systems Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹10 Crores. The shares are offered at a price band of ₹125 to ₹125 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,25,000 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 will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-02-18, while un-allotted funds or UPI block mandates will be released on 2022-02-17.
Currently, Richa Info Systems Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹125 to ₹125 per equity share.
The retail lot size is 1000 shares requiring a minimum application amount of ₹1,25,000. Expected listing price is ₹125 per equity share.
The Richa Info Systems Limited IPO aggregate issue size is ₹10 Crores with an equity price band set at ₹125 to ₹125 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,25,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
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 2022-02-16. Investors can verify status using PAN card or application number.
Richa Info Systems Limited shares are scheduled to list on NSE on 2022-02-21.