The Rappid Valves IPO minimum market lot is 600 shares with ₹133,200 application amount. The Rappid Valves IPO is a SME IPO, and it is to be listed on NSE.
Rappid Valves (India) Limited is known by its brand name “Rapid” also known as “Rappid Valves”. It is an Engineering Company, that is primarily engaged in the manufacturing of Valve solutions. Their extensive product range portfolio encompasses a wide range of valves which includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block valves, Strainer Valves, and Marine Valves. All valve products are manufactured using ferrous and non-ferrous materials, with sizes ranging from 15mm to 600mm catering to diverse requirements. The Company was established in the year 2002 and has manufacturing operations in Thane, Maharashtra.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Rappid Valves IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
QIB | 0.00 | 1.04 | 55.97 |
NII | 2.09 | 11.93 | 491.49 |
RII | 4.44 | 15.79 | 109.09 |
Total | 2.67 | 10.75 | 176.06 |
Rappid Valves 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
Rappid Valves IPO Review
- Avoid
Rappid Valves IPO Form
How to apply for the Rappid Valves IPO? You can apply for Rappid Valves IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rappid Valves IPO in the Invest section. The other option is you can apply for Rappid Valves IPO via IPO forms downloaded online. Check out the Rappid Valves forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.