Storage Technologies & Automation IPO (Racks & Rollers IPO) IPO GMP

Racks & Rollers– Are you looking for Racks & Rollers IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest Racks & Rollers IPO GMP live.

The public issue of Racks & Rollers will open on April 30, 2024 and remain open until May 03, 2024 for bidding. It has set the price band at approximately ₹73 to ₹78 per equity share and expects to raise ₹29.95 crore.

Ahead of Racks & Rollers opening date, grey market indicators are pointing to positive developments.

Racks & Rollers IPO GMP

Racks & Rollers Grey Market Premium (GMP) is currently at ₹60 , indicating the demand for the company's shares in the unofficial market.

Racks & Rollers IPO price band

The price band for Racks & Rollers initial public offering (IPO) has been set at ₹73 to ₹78 per equity share, offering potential investors a range within which they can place their bids.

Racks & Rollers IPO date

Starting from April 30, 2024, the IPO will be open for bidders to participate, and it will remain open until May 03, 2024, providing a limited window for interested parties to take part in the offering.

Racks & Rollers IPO size

With an ambitious goal of raising ₹29.95 Crores, Racks & Rollers is poised to make a significant impact in the financial markets through its IPO.

Racks & Rollers IPO lot size

Investors can apply for the IPO in lots, with each lot comprising 1600 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.

Racks & Rollers IPO application limit

The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 1 lots, offering flexibility in participation.

Racks & Rollers IPO allotment date

The tentative schedule for the allotment of Racks & Rollers IPO shares is May 06, 2024, providing a timeline for successful bidders to receive their allocated shares.

Racks & Rollers IPO listing

Racks & Rollers aims to list its shares on May 08, 2024, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.

Racks & Rollers IPO registrar

Integrated Registry Management Services Private Limited has been entrusted with the crucial role of serving as the registrar for Racks & Rollers, ensuring a smooth and efficient process for all stakeholders involved.

Investors and market analysts are closely monitoring the developments surrounding Racks & Rollers IPO, as it presents an opportunity to gauge the market's response to the company's offering. The subscription data and final oversubscription figures will provide valuable insights into the demand for AIK Pipes And Polymers's shares and the overall investor sentiment.

Racks & Rollers IPO is generating considerable interest due to the company's strong presence in the engineering and design services sector, as well as its diverse client base spanning various industries. Additionally, the IPO's performance will be indicative of investor confidence in the broader economic outlook and the attractiveness of the Indian capital markets.

As the IPO progresses through its various stages, prospective investors will closely analyze factors such as the company's financial performance, growth prospects, and competitive positioning to make informed decisions about participating in the offering. This heightened interest is expected to contribute to robust trading activity following the listing of Racks & Rollers shares.

The successful execution of Racks & Rollers IPO is anticipated to further bolster the company's financial position and provide funds for strategic initiatives, expansion plans, and potential acquisitions. Moreover, it will offer an opportunity for retail investors, institutional investors, and other market participants to gain exposure to a prominent player in the engineering and design services sector.

Overall, Racks & Rollers IPO is poised to make a significant impact on the Indian markets, and its outcome will be closely observed as a barometer of investor confidence and market dynamics.