The Rs 423.56 crore RK SWAMY IPO is a book-built offer. The issue consists of an offer to sell 0.87 crore shares, valued at Rs 250.56 crores, and a fresh issue of 0.6 crore shares, valued at Rs 173.00 crores.
The subscription period for the RK SWAMY IPO begins on March 4, 2024, and ends on March 6, 2024. On Thursday, March 7, 2024, the allotment for the RK SWAMY IPO is anticipated to be completed. The planned listing date for the RK SWAMY IPO is set for Tuesday, March 12, 2024 on the BSE and NSE.
The pricing range for the RK SWAMY IPO is ₹270 to ₹288 per share. An application must have a minimum lot size of 50 shares. Retail investors are needed to invest a minimum of ₹14,400. For both sNII and bNII, the minimum lot size investment is ₹201,600 for 14 lots (700 shares) and ₹1,008,000 for 70 lots (3,500 shares) respectively.
The book running lead managers of the RK SWAMY IPO are SBI Capital Markets Limited, IIFL Securities Ltd, and Motilal Oswal Investment Advisors Limited. The issue’s registrar is Kfin Technologies Limited.
Here’s how you can check the allotment status of RK SWAMY Limited IPO:
Step 1: Go to the BSE website.
Step 2: Choose ‘Equity’ and then the issue name from the selection menu.
Step 3: Enter your application number as well as your PAN card number and press ‘Search’.
You can also follow a similar procedure to check the allotment status on the Registrar’s website:
Step 1: Go to the Kfin Technologies Limited website.
Step 2: Select the IPO name by clicking on ‘Company Selection’.
Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’.
If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on March 11, 2024.
RK Swamy Limited was established in 1973 and specialises in full-service market research, syndicated studies, customer data analysis, and integrated marketing communications. Data-driven and offering integrated marketing services, RK Swamy makes great use of digital efforts in every aspect of its operations. For its clients, the company launched around 818 innovative ads in various media in FY 2023. In addition, it processed over 97.69 terabytes of data and performed over 2.37 million phone calls, as well as quantitative and qualitative consumer interviews.
One of the top integrated marketing service providers in India, RK Swamy Ltd. (RKSL) provides media, creative, data analytics, and market research services through a single point of contact. Among the integrated marketing communications services groups that operate in India, it is placed eighth in terms of estimated operating revenue. All business sectors of RKSL, a data-driven provider of integrated marketing services, heavily rely on digital activities. It seeks to continue developing skills while maintaining an unwavering emphasis on the demands of its clients. It also seeks to deliver the best calibre of professional service to satisfy the ongoing needs of its clients.
RK SWAMY Limited GMP
| Date | GMP |
| March 02 | ₹55 |
The anticipated listing price for R K SWAMY’s IPO is estimated to be ₹343, which includes the cap price plus today’s GMP (Grey Market Premium), resulting in a projected percentage gain or loss of 19.10% per share.
