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RNFI Services IPO

Open 22nd Jul 2024 · Close 24th Jul 2024 · Listing

Price Band₹98.00–₹105.00
Live GMP₹89.00
SubscriptionNO DATA
Issue Size₹70.81 Cr
Allotment25th Jul 2024

IPO Objectives

RNFI Services IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding the working capital requirements of the Company₹25.00 Cr
2Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server₹10.81 Cr
3Strengthening our technology infrastructure to develop new capabilities₹5.30 Cr
4Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes₹19.38 Cr