GMP · subscription · track record

Rajnandini Fashion India IPO

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Tracking
Mean GMP
Worth a look

GMP is an informal figure from outside SEBI's framework. Not investment advice.

About this issue

Rajnandini Fashion India listed at 0.0% against its issue price of ₹63. The book is 203.74 times subscribed overall. The grey market premium is +₹6 (+9.5%), which is an informal figure and not a quoted price. Our call is Apply, on 89% of our checks.

Segment
SME
Price
₹63
Lot size
2,000 shares
One lot costs
₹1,26,000
Issue size
₹17 Cr
Grey market premium
+₹6 (+9.5%)
Subscribed
203.74x
Listed at
0.0%
Our call
Apply

What we checked

2 further checks could not be judged, because the issue did not disclose enough. They count neither for nor against.

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