Reliance Spinning Mills Ltd. has opened its IPO for the reserved foreign employment category, and the response has already crossed expectations. The offering is being overseen by Global IME Capital Limited.
The company issued a total of 115,596 units for this category. However, interest from investors has surpassed the available units. According to the latest update, 13,442 applicants have applied for 788,730 units. This makes the IPO oversubscribed 6.82 times, indicating very low chances of allotment for most applicants.
IPO details
The IPO opened on December 8, 2025, and will close on December 11, 2025. Investors who wish to participate still have time to apply before the closing date.
| S.N | Company Name | Issue Manager | Issued Unit | Number Of Application | Applied Unit | Amount | Open-Date | Close-Date | Last Update |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Reliance Spinning Mills Ltd. - RSML (RESERVED - FOREIGN EMPLOYMENT) | GLOBAL IME CAPITAL LIMITED | 115596 | 13442 | 788730 | 647389584 | 2025-12-08 | 2025-12-11 | 2025-12-08 19:00:28 |
Given the high demand, chances of getting shares are very slim. Still, applicants who want exposure to the textile and manufacturing sector can apply before the deadline.
