How To Check Rudra Gas Enterprise IPO Allotment Status

The Rudra Gas Enterprise IPO received an overwhelming response from investors, with the IPO being subscribed 350.75 times on the final day of bidding. The Rudra Gas Enterprise IPO allotment status is set to be finalised today.

If you applied for the IPO, here is how you can check the Rudra Gas Enterprise IPO allotment status.

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the Rudra Gas Enterprise IPO allotment status

1. Visit the registrar's website.
2. Click on "Company Selection" and choose "Rudra Gas Enterprise" from the dropdown menu.
3. Then you can enter your PAN, application number, or Demat.
4. Enter the captcha and click Submit to retrieve the Rudra Gas Enterprise IPO allotment status.

Checking IPO Allotment Status on BSE:

1. Go to the BSE website.
2. Click on the ‘Equity' section and select "Rudra Gas Enterprise" from the dropdown menu.
3. Enter your application number or PAN.
4. Click on the ‘Search' button.
5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalised, the Rudra Gas Enterprise IPO allotment status will be visible.

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Rudra Gas Enterprise IPO Details

With an IPO size of ₹14.16 crore, Rudra Gas Enterprise’s public subscription commenced on Thursday, February 8. The public issue subscribed was 404.38 times by the retail category and 286.62 times by the other category.

The Rudra Gas Enterprise IPO is a fixed price issue of ₹14.16 crores, consisting entirely of a fresh issue of 22.48 lakh shares.

Bidding for the Rudra Gas Enterprise IPO commenced on February 8, and concluded on February 12. The allotment process for the IPO is expected to be finalised on Tuesday, February 13. The IPO is set to list on BSE small and medium, with a tentative listing date scheduled for Thursday, February 15, 2024.

Priced at ₹63 per share, the Rudra Gas Enterprise IPO requires a minimum lot size of 2000 shares for an application. Retail investors need to invest a minimum of ₹1.26 lakhs, while for HNI investors, the minimum investment is 2 lots (4,000 shares), amounting to ₹2.52 lakhs.

Rudra Ga IPO GMP was ₹40 on the last day of the IPO subscription

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