Rajputana Steel IPO Encounters Delay In The Middle Of Regulatory Issues

Rajputana Steel’s IPO slice and listing are postponed complying with SEBI action because of unrequested promotional products.

• Financier Choice: Prospective buyers can withdraw applications from March 12 – 16
• Revised Dates: Allotment is currently March 17; listing, March 19 (BSE/NSE).
• Registration Condition: IPO subscribed 1 12 times on the whole.
• Retail Reaction: Retail section under-subscribed at 0. 27 times.
• Check Part: Standing readily available March 17 using BSE, NSE, KFin Technologies.
• Grey Market Premium: Shares trading at a 1 5 premium.
• Funds Usage: Profits for facility expansion and financial debt settlement.

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