SME WEAK

Radiant Infrastructure Textiles Ltd

₹56–81 · Lot Size 1900 shares

GMP₹-8.2 +-10.1%
QIB Subscription0.77x
NII Subscription0.29x
Retail Subscription0.94x
Open Date2026-07-22
Close Date2026-07-25
Allotment Date2026-07-27
Listing Date2026-07-29

Radiant Infrastructure Textiles Ltd is a company operating in the financial services space, focused on NBFC lending and financial distribution services. The issue comprises a mix of fresh issue and offer for sale, with proceeds earmarked for working capital, debt reduction, and general corporate purposes.

Price band: ₹56–₹81 per share · Lot size: 1900 shares.

Subscription so far — QIB: 0.77x, NII: 0.29x, Retail: 0.94x. Grey Market Premium is currently around ₹-8.2 (-10.1% over the upper price band).

Subscription numbers have stayed muted through the bidding window and the grey market isn’t pricing in a listing pop. This is a name to review carefully rather than apply on sentiment alone.

This review is for informational purposes only and is not investment advice. Please read the red herring prospectus and consult a financial advisor before applying.

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LPO News is an information platform. GMP and subscription figures are sourced from public / grey-market data and are indicative only — not investment advice or a recommendation to buy or sell. Please do your own research before investing.