Aakash Exploration IPO Subscription Details

Fixed Price IPO | ₹10 Cr | Listed at NSE SME | Tue, Apr 17, 2018 - Thu, Apr 19, 2018

Basis of Allotment - Aakash Exploration IPO

Details NII Retail Total
Allocation (No. of shares)8,55,0008,55,00017,10,000
Allotment price (Rs.)565656
No.of applications9474483
No.of shares applied12,70,0009,48,00022,18,000
Amount collected (Rs.cr.)7.11 5.31 12.42
No.of times subscribed1.491.111.30
No.of shares allotted8,54,0008,56,00017,10,000
Amount (Rs.cr.)4.78 4.79 9.58
No.of allottees9428437

IPO Shares Offered

Aakash Exploration IPO is a public issue of 0.17 Cr equity shares. The issue offers 0.09 Cr shares to retail investors , 0.09 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker90,0000.50 5.00%
Other 8,55,0004.79 47.50%
Retail8,55,0004.79 47.50%
Total18,00,00010.08 100%

IPO Subscription FAQs

The Aakash Exploration IPO is subscribed 1.4842 times by Apr 19, 2018 17:00.

Aakash Exploration IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.5906
Retail Individual1.3778
Total Subscription1.4842

Retail category of Aakash Exploration IPO subscribed 1.3778 times as of date Apr 19, 2018 17:00. The public issue closes on Thu, Apr 19, 2018 for bidding.

An investor can apply in Aakash Exploration IPO online via bank (using ASBA) or the broker (using UPI). The Aakash Exploration IPO shares are offered online only.

The Aakash Exploration IPO is subscribed 1.4842 times by Apr 19, 2018 17:00.

The Aakash Exploration IPO allotment status is expected on or around Tuesday, April 24, 2018. Visit Aakash Exploration IPO allotment status to check.

The Aakash Exploration IPO listing date is April 27, 2018. The equity share of Aakash Exploration IPO will list on NSE SME.

Visit Aakash Exploration IPO subscription status page for real-time bidding information about Aakash Exploration IPO.

Aakash Exploration IPO Timetable

IPO opens OnTuesday, April 17, 2018
IPO Closes OnThursday, April 19, 2018
Finalisation of Basis of AllotmentTuesday, April 24, 2018
Initiation of RefundsWednesday, April 25, 2018
Credit of Shares to Demat AccountThursday, April 26, 2018
IPO Listing DateFriday, April 27, 2018
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