Investors are eagerly awaiting the resolution of the Rapid Fleet Management IPO share allotment today, March 26. This key event will determine how many shares have been allocated to applicants who participated in the initial public offering. Those looking to verify their allotment status can do so via the registrar’s portal managed by Bigshare Services Pvt Ltd.
Rapid Fleet Management IPO Subscription Insights
The IPO subscription for Rapid Fleet Management Services Ltd opened on March 21 and closed on March 25. During the third day of bidding, the issue attracted significant interest, achieving a subscription rate of 1.65 times, according to data from chittorgarh.com.
- Key Dates:
- Subscription Period: March 21 – March 25
- Allotment Date: March 26
- Demat Account Credit: March 27
- Listing Date: March 28 on NSE SME
Investors can look forward to the allocation results, which will reveal the number of shares they have received. Those who are not allotted shares will initiate the refund process, while successful applicants will see their shares deposited into their demat accounts.
How to Check Your IPO Allotment Status
To check your allotment status on the Bigshare portal:
- Visit the Bigshare website at Bigshare Services.
- Select "Rapid Fleet Management IPO" from the list.
- Enter either your PAN Number, Beneficiary ID, or Application No./CAF No..
- Click on "Search" to view your results.
For checking your allotment status on NSE:
- Navigate to the official NSE website at NSE India.
- Click on ‘Click here to sign up’ and enter your PAN.
- Log in using your username, password, and captcha code.
- Verify your allocation status on the subsequent page.
Current Grey Market Premium (GMP)
As of today, the Rapid Fleet Management IPO GMP stands at ₹0, indicating that the shares are trading at their issue price of ₹192, with no additional premium or discount in the grey market, as reported by investorgain.com. The grey market premium reflects investor sentiment and their willingness to pay above the issue price.
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