The Racks & Rollers IPO minimum market lot is 1600 shares with ₹124,800 application amount. The Racks & Rollers IPO is a SME IPO, and it is to be listed on BSE.
Racks and Rollers, a brand of Storage Technologies & Automation was incorporated in the year 2010 and is engaged in storage racking systems. They specialize in the design, manufacturing, and installation services of metal storage racks, automated warehouses, and other storage solutions. Their range of products and services demonstrates their commitment to providing innovative, efficient solutions for diverse warehousing needs, catering to a wide range of industries each with its own specific storage and logistical requirements, which includes oil & gas, automotive components & aerospace, food & beverages and cold storage, pharmaceutical, textile, retail, FMCG and others.
IPOWatch View
We recommend investors may apply for an IPO with Longterm Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Racks & Rollers IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.02 | 0.12 | 117.86 |
| NII | 2.23 | 37.75 | 577.02 |
| RII | 5.00 | 48.25 | 242.74 |
| Total | 2.98 | 32.26 | 278.82 |
Racks & Rollers 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
Racks & Rollers IPO Review
- May Apply
Racks & Rollers IPO Form
How to apply for the Racks & Rollers IPO? You can apply for Racks & Rollers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Racks & Rollers IPO in the Invest section. The other option is you can apply for Racks & Rollers IPO via IPO forms downloaded online. Check out the Racks & Rollers forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
