The RNFI Services IPO minimum market lot is 1200 shares with ₹126,000 application amount. The RNFI Services IPO is a SME IPO, and it is to be listed on NSE.
RNFI Services is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via their online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. They segregate their business primarily into four (4) segments namely (i) business correspondent services; (ii) non-business correspondent services; (iii) full-fledged money changer service; and (iv) insurance broking.
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.
RNFI Services IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.76 | 140.66 |
| NII | 4.08 | 26.43 | 513.31 |
| RII | 10.14 | 36.20 | 142.62 |
| Total | 5.94 | 23.98 | 221.49 |
RNFI Services 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
RNFI Services IPO Review
- May Apply
RNFI Services IPO Form
How to apply for the RNFI Services IPO? You can apply for RNFI Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the RNFI Services IPO in the Invest section. The other option is you can apply for RNFI Services IPO via IPO forms downloaded online. Check out the RNFI Services forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
