R K SWAMY IPO Open on March 4 NSE BSE India
R K Swamy Limited, a company that offers different marketing services, is introducing a new product for cars. The chairman, Srinivasan K Swamy, said on Friday that they’re bringing this new product because the car market is big. The company is also going to sell its first shares to the public on March 4, and this will finish on March 6. They plan to sell each share for a price between 270 and 288 rupees, aiming to raise 423 crore rupees by doing this.
R K SWAMY IPO Detail
How much is the GMP of R K SWAMY IPO?
GMP and Grey market premium of R K Swamy Limited has reached Rs55. GMP can be used to find out how much more premium a stock has reached than its IPO price band. From this, the profit on listing can be estimated. But keep in mind that the GMP of any IPO may reduce after reaching listing.
The latest update on March 2nd, 2024 at 6:03 AM shows that R K SWAMY IPO’s price range is ₹288.00. The estimated listing price, including the cap price and today’s Grey Market Premium (GMP), is ₹343. This means each share may see a gain or loss of about 19.10%. We keep updating the GMP daily. Today, based on the last 56 days of grey market activity, the GMP is rising, indicating a strong listing ahead. The GMP can range from ₹0 to ₹55. Keep following us to stay updated on R K SWAMY IPO’s GMP and expected listing price trends.
R K SWAMY IPO Price Band and Issue Size
The R K SWAMY IPO will be available for people to buy starting March 4, 2024, and it will stop being available on March 6, 2024. This IPO is for a total of Rs 423.56 crores. It includes new shares worth Rs 173.00 crores and existing shares worth Rs 250.56 crores. Each share will cost between ₹270 and ₹288.
You need to buy at least 50 shares at a time, which means you’ll need at least ₹14,400 to invest if you’re a regular investor. If you’re a special type of investor called a sNII, you need to buy at least 700 shares, which is worth ₹201,600. And if you’re a bNII, you need to buy at least 3,500 shares, which is worth ₹1,008,000.
R K SWAMY IPO Listing Date
R K SWAMY IPO will be listed on both the BSE and NSE, with a likely listing date of Tuesday, March 12, 2024.
R K SWAMY IPO Allotment Date
R K SWAMY IPO allocation is set to be decided on Thursday, March 7, 2024.
What is the History of R K SWAMY IPO Limited
Established in 1973, R K Swamy Limited focuses on helping businesses with marketing, analyzing customer data, and conducting market research. They use digital strategies in all parts of their work.In the fiscal year 2023, they created over 818 marketing campaigns for their clients and handled a massive amount of data, equivalent to 97.69 terabytes. They also interviewed over 2.37 million consumers through different types of surveys.
Their clients include big names like Aditya Birla Sun Life AMC Limited, Dr. Reddy’s Laboratories Limited, and many more. They have around 2,391 employees working in 12 offices and 12 field offices located in different cities, serving clients in three main areas of business.
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