Objective of the Issue

IPO Details, Price, Market Lot

IPO Details
IPO Open Date 22 July 2024
IPO Close Date 24 July 2024
IPO Issue Size 67,44,000 shares (aggregating up to ₹70.81 Cr)
Fresh Issue 67,44,000 shares (aggregating up to ₹70.81 Cr)
Offer for Sale NIL
Retail Portion Not less than 35.00% of the net offer
NII Portion Not less than 15.00% of the net offer
QIB Portion Not more than 50.00% of the net offer
Listing At NSE SME
IPO Price
Face Value ₹10 per share
IPO Price Band ₹98 to ₹105 per share
Employee Discount —–
IPO Issue Type Book Built Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 1200 shares
Minimum Lot Size 1 lot (1200 shares)
Minimum Amount (Cut-off price) ₹126,000
Maximum Lot Size 1 lot (1200 shares)
Maximum Amount (Cut-off price) ₹1,26,000
IPO Market Lot For HNI
No. of Shares Per Lot 1200 shares
Minimum Lot Size 2 lots (2400 shares)
Minimum Amount (Cut-off price) ₹2,52,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 22 July 2024
IPO Close Date 24 July 2024
Basis of Allotment Date 25 July 2024
Initiation of Refunds 26 July 2024
Credit of Share to Demat Account 26 July 2024
IPO Listing Date 29 July 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 March 2024 19,051.38 94,305.10 996.07 3,159.90 3,638.87
31 March 2023 12,526.71 106,939.62 488.71 2,041.64 2,118.75
31 March 2022 11,661.34 19,079.93 555.03 1,330.24 1,264.05
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 19,051.38 12,526.71 11,661.34
Revenue 94,305.10 106,939.62 19,079.93
P A T 996.07 488.71 555.03
Net Worth 3,159.90 2,041.64 1,330.24
Borrowings 3,638.87 2,118.75 1,264.05
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 89.53%
Post Issue Promotor Holding  

Company Address

  • REGISTERED OFFICE: UG-5, Relipay House, Plot No. 42 DLF Industrial Area Kirti Nagar, West Delhi, New Delhi, Delhi, India, 110015 
  • Email: cs@rnfiservices.com
  • Phone: +918448985100
  • Website: https://rnfiservices.com/

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Skyline Financial Services Private Limited
IPO Lead Manager
Choice Capital Advisors Private Limited

FAQ