Rachana Infrastructure IPO Subscription Status Live Update from NSE

Vijay Prajapati
June 5, 2022

Vijay Prajapati

Rachana Infrastructure IPO subscription status is to start on May 20, 2022, Friday. Rachana Infrastructure is an NSE SME IPO and has been subscribed by NII, and Retail investors. They are going to raise ₹77.97 crores via IPO. The IPO price band is fixed at ₹138 with a market lot of 100 shares. Rachana Infrastructure Limited is an Infrastructure & Construction company providing all types of infrastructure and civil construction work. RIL has a presence in Ahmedabad in early-stage while now they are working with Pan-India clients. The company reported revenues of ₹107 in 2021 against revenues of ₹158 in 2020. The company’s financial report looks average and profits have been stagnant for the last few years. Please check the Rachana Infrastructure IPO subscription status details over here.

IPOWatch View: We recommend investors may apply for an IPO with caution. Investors should also look at the Retail and HNI numbers before investing. You can check the Rachana Infrastructure IPO allotment status here.

Rachana Infrastructure IPO Subscription Status (Live Update – Day 9)

Last Updated – 5.00 PM

Category	Day 6	Day 7	Day 9
NII	0.09	0.37	1.82
RII	0.31	0.44	0.60
Total	0.20	0.36	1.21

Rachana Infrastructure IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Rachana Infrastructure IPO Subscription Dates

The Rachana Infrastructure IPO date is May 20 and the IPO close date is May 25. The IPO allotment date is June 08 and the IPO may list on June 13.

Rachana Infrastructure IPO Open Date:	May 20, 2022
Rachana Infrastructure IPO Close Date:	June 02, 2022
Basis of Allotment:	June 08, 2022
Refunds:	June 09, 2022
Credit to Demat Account:	June 10, 2022
Rachana Infrastructure IPO Listing Date:	June 13, 2022

Rachana Infrastructure IPO Form

How to apply Rachana Infrastructure IPO? You can apply Rachana Infrastructure IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rachana Infrastructure IPO in the Invest section. The other option you can apply Rachana Infrastructure IPO via IPO forms download via the NSE website. Check out the Rachana Infrastructure forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Rachana Infrastructure IPO Subscription Status FAQs:

When Rachana Infrastructure IPO Subscription will start?

The IPO subscription starts on May 20, 2022 for QIB, NII, and Retail Investors.

How much is Rachana Infrastructure IPO subscribed Today?

The IPO subscribed 1.21x times on day 9.

What is Rachana Infrastructure IPO Retail subscription status?

The RII subscription is 0.60x on day 9.

How to subscribe Rachana Infrastructure IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Rachana Infrastructure IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and NSE websites. One can check the live subscription on NSE or NSE website on the particular IPO page.

How to Apply the Rachana Infrastructure IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rachana Infrastructure”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Rachana Infrastructure IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rachana Infrastructure”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Rachana Infrastructure IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rachana Infrastructure”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Rachana Infrastructure IPO Allotment Date?

Rachana Infrastructure IPO allotment date is May 30, 2022.

What is the Rachana Infrastructure IPO Listing Date?

Rachana Infrastructure IPO listing date is June 02, 2022. The IPO is to list on NSE.

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