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Rajputana Steel IPO Deals With Delay Amid Regulatory Problems
Rajputana Steel’s IPO allocation and listing are held off following SEBI activity because of unwanted advertising products.
- Investor Alternative: Prospective buyers can withdraw applications from March 12 – 16
- Revised Dates: Slice is currently March 17; listing, March 19 (BSE/NSE).
- Membership Status: IPO subscribed 1 12 times in general.
- Retail Reaction: Retail sector under-subscribed at 0. 27 times.
- Check Allocation: Condition readily available March 17 through BSE, NSE, KFin Technologies.
- Grey Market Costs: Shares trading at a 1 5 premium.
- Funds Use: Proceeds for facility development and debt repayment.
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