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.
Aug 30, 2023
Aug 31, 2023
Sep 01, 2023
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 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:
Time needed: 1 minute
The online process for checking Rishabh Instruments IPO Allotment status.
- Visit the website
Visit the KFintech website. The link for the same is here. Kfintech website
Navigate to the “IPO Allotment Status” section, or here is the direct link for that. https://kosmic.kfintech.com/ipostatus/
- Select the Option
Select “Rishabh Instruments IPO” from the dropdown menu.
- Enter details
Enter your application number and PAN (Permanent Account Number), or your application number or demat account number.
Complete the CAPTCHA verification.
Click on the submit button. Once you click, the query will run and you will get the allotment status of Rishabh Instruments IPO. The system will then display your allotment status, detailing the number of shares allotted to you in the Rishabh Instruments IPO.
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:
- Access the following link: https://www.bseindia.com/investors/appli_check.aspx
- Navigate to the ‘Issue Type’ section and select ‘Equity.’
- Locate ‘Rishabh Instruments Limited’ from the available options.
- Enter either your application number or PAN number as required.
- 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.
- 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.
- 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.
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
The allocation date for Rishabh Instruments IPO is 6 September 2023.
You can use the online method explained above in this article or offline methods. Checking the allotment status online is easier and faster than the offline method.
The listing date will be 11th September 2023.
The current GMP price for Rishabh Instruments IPO is Rs. 85, that works out to be 20% gain on the investment. You can find the daily updated price on IPO GMP page.
The allotment ratio would be 7.55x based on the subscription.
Well, that depends on your time horizon and risk taking appetite.