RK Swamy IPO: The initial public offering (IPO) of RK Swamy Limited is going to hit the Indian primary market today. The public issue will remain for subscribers till 6th March 2024. The integrated marketing communications company has fixed the RK Swamy IPO price band at ₹270 to ₹288 per equity share.
The company aims to raise ₹423.56 crore from its book build issue, which is a mix of fresh issues and offers for sale (OFS). The company aims to raise 173 crore from the issuance of fresh shares whereas the rest ₹250.56 crore is reserved for OFS. Ahead of the RK Swamy IPO subscription opening date, shares of the company are available for traders in the grey market.
According to stock market observers, RK Swamy IPO GMP (grey market premium) today is ₹58. 1] RK Swamy IPO GMP today: Shares of the integrated marketing communications company are available at a premium of ₹58 in the grey market today, say market observers. 2] RK Swamy IPO price: The company has fixed price band of the book build issue at ₹270 to ₹288 per equity share.
3] RK Swamy IPO date: The book build issue has opened today and will remain open till 6th March 2024. Also Read: IPOs This Week: RK Swamy IPO to Pune E-Stock Broking IPO: 8 new issues, 7 listings to keep primary market buzzing 4] RK Swamy IPO size: The company aims to raise ₹423.56 crore from this public issue, which is a mix of fresh shares and OFS. The company aims to raise 173 crore from the issuance of fresh shares whereas the rest ₹250.56 crore is reserved for OFS.
5] RK Swamy IPO lot size: A bidder will be able to apply in lots and one lot of the public issue comprises 50 company shares. 6] RK Swamy IPO allotment date: Finalization of share allocation can be expected on 7th March 2024. 7] RK
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