Rishabh Instruments IPO Allotment Status, Check Allotment On KFintech

The eagerly awaited moment for investors is drawing near as the finalization of the Rishabh Instruments IPO allotment status is scheduled for 6th September, 2023. This critical step will bring clarity to investors about the shares they have been allotted. Here’s a comprehensive guide to checking the allotment status both online and offline, ensuring you’re well informed about your investment.

Timeline for Allotment and Listing

The timeline for the Rishabh Instruments IPO allotment and subsequent steps is as follows:

• September 6, 2023: The IPO allotment status will be finalized, and investors will be able to know the number of shares they have been allotted.
• September 7, 2023: The initiation of refunds for unallotted shares will begin.
• September 10, 2023: Share credits for allotted shares will be processed to investors’ Demat accounts.
• September 11, 2023: The much-awaited listing of the Rishabh Instruments IPO is planned.

Rishabh Instruments IPO Subscription Status

Here is the subscription details of Rishabh Instruments IPO.

Rishabh Instruments IPO is subscribed 31.65 times of the issued shares. Out of that:

• QIB 72.54 times
• NII 31.29 times
• Retail 8.43 times

Rishabh Instruments IPO to raise around ₹490.78 Crores via IPO. The price band is fixed at ₹418 to ₹441 per equity share. The IPO is to be listed on BSE and NSE.

Rishabh Instruments GMP Price Today

Here is the link for checking the latest GMP price for Rishabh Instruments IPO.

Rishabh Instruments IPO Allotment Status

There are several ways one can check the allotment status of Rishabh Instruments IPO. Most people nowadays check the allotment status via an online portal. Here is the step-by-step guide on how to check the allotment status of Rishabh Instruments IPO.

For tech-savvy investors, checking the IPO allotment status online is a convenient option. The process can be completed through the Kfintech website. Follow these steps to access your allotment status:

Kfin Technologies Ltd. has been designated as the official registrar for the IPO, and prospective investors can conveniently verify the allotment status on both the registrar’s website and the official BSE websites on the day of allotment.

To check the Rishabh IPO allotment status on the BSE platform, please follow these straightforward steps:

1. Access the following link: https://www.bseindia.com/investors/appli_check.aspx
2. Navigate to the ‘Issue Type’ section and select ‘Equity.’
3. Locate ‘Rishabh Instruments Limited’ from the available options.
4. Enter either your application number or PAN number as required.
5. Lastly, click the ‘Submit’ button to obtain the allotment status.

Checking Allotment Status Offline

For those who prefer the traditional route, checking the IPO allotment status offline is equally viable. You can follow these steps using your bank account or Demat login.

1. Check through Bank Account:
   • Log in to your bank’s net banking portal.
   • Navigate to the “IPO Allotment” or similar section.
   • Select the Rishabh Instruments IPO from the list.
   • Enter your application details.
   • View your allotment status.
2. Check through Demat Login:
   • Log in to your Demat account provided by your Depository Participant (DP).
   • Look for the “IPO Allotment” section.
   • Find and select the Rishabh Instruments IPO.
   • Provide your application information.
   • Access your allotment status.

Conclusion

As the Rishabh Instruments IPO journey reaches its culmination, investors have multiple avenues to check their allotment status. Whether you prefer the ease of online checking through KFintech or the traditional approach of using your bank account or Demat login, staying informed about your allotment status is vital. The Rishabh Instruments IPO allotment status revelation on September 6, 2023, marks an important step in your investment journey.

FAQs on Rishabh Instruments IPO allotment status