Richa Info Systems IPO subscription is to start from February 09, 2022, Wednesday. The company to raise ₹10 crores via SME IPO at a price band of ₹125. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on February 11, 2022, Friday. The IPO bid for the IPO is 1000 shares that cost ₹125,000 for 1 lot. The face value is ₹10 per equity share. Richa Info Systems is working under the government’s initiative to support “Vocal for Local” with a commitment to provide a competitive advantage by making current operations efficient & cost effective for Government PSU, Educational Institutes & all Organizations across the country. The company reported ₹20.11 crores of revenues in 2021 against ₹17.56 crores in 2020. The company’s financial report looks stagnant while profit looks on a lower side. Please check the Richa Info Systems IPO details over here.
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We recommend investors may apply for an IPO at their own risk. Investors should also look at the Retail and HNI numbers before investing. You can check the Richa Info Systems IPO allotment status here.
Richa Info Systems IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| NII | 1.40 | 2.16 | 3.16 |
| RII | 2.53 | 3.97 | 6.94 |
| Total | 1.96 | 3.06 | 5.05 |
Richa Info Systems IPO Investor Categories
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
Richa Info Systems IPO Date & Price Band
| IPO Open: | 09 February 2022 |
| IPO Close: | 11 February 2022 |
| IPO Size: | Approx ₹10.00 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹125 Per Equity Share |
| Listing on: | NSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Richa Info Systems IPO Market Lot
The Richa Info Systems IPO minimum market lot is 1000 shares with ₹125,000 application amount.
| IPO Lot Size: | Minimum 1000 Shares for 1 lot |
| Minimum Amount: | ₹125,000 for 1 lot |
Richa Info Systems IPO Time Table
The Richa Info Systems IPO date is 09 February 2022 and the IPO close date is 11 February 2022. The allotment date is 18 February 2022 and the IPO may list on 23 February 2022.
| IPO Open Date: | 09 February 2022 |
| IPO Close Date: | 11 February 2022 |
| Basis of Allotment: | 16 February 2022 |
| Refunds: | 17 February 2022 |
| Credit to Demat Account: | 17 February 2022 |
| IPO Listing Date: | 18 February 2022 |
Richa Info Systems IPO Subscription FAQs:
When Richa Info Systems IPO Subscription will start?
The IPO subscription starts on 09 February 2022 for NII and Retail Investors.
How much is Richa Info Systems IPO subscribed?
The IPO subscribed 5.05x times on day 3.
What is Richa Info Systems IPO Retail subscription status?
The RII subscription is 6.94x on day 3.
How to subscribe Richa Info Systems 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 Richa Info Systems IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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