Aartech Solonics IPO Subscription Details

Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Tue, Mar 12, 2019 - Mon, Mar 18, 2019

Basis of Allotment - Aartech Solonics IPO

Details NII Retail Total
Allocation (No. of shares)10,04,00010,04,00020,08,000
Allotment price (Rs.)343434
No.of applications9369378
No.of shares applied11,32,00014,76,00026,08,000
Amount collected (Rs.cr.)3.85 5.02 8.87
No.of times subscribed1.131.471.30
No.of shares allotted8,68,00011,40,00020,08,000
Amount (Rs.cr.)2.95 3.88 6.83
No.of allottees9285294

IPO Shares Offered

Aartech Solonics IPO is a public issue of 0.20 Cr equity shares. The issue offers 0.10 Cr shares to retail investors , 0.10 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 Maker1,12,0000.38 5.28%
Other 10,04,0003.41 47.36%
Retail10,04,0003.41 47.36%
Total21,20,0007.21 100%

IPO Subscription FAQs

The Aartech Solonics IPO is subscribed 1.998 times by Mar 18, 2019 18:50.

Aartech Solonics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.3546
Retail Individual1.6414
Total Subscription1.998

Retail category of Aartech Solonics IPO subscribed 1.6414 times as of date Mar 18, 2019 18:50. The public issue closes on Mon, Mar 18, 2019 for bidding.

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

The Aartech Solonics IPO is subscribed 1.998 times by Mar 18, 2019 18:50.

The Aartech Solonics IPO allotment status is expected on or around Friday, March 22, 2019. Visit Aartech Solonics IPO allotment status to check.

The Aartech Solonics IPO listing date is March 27, 2019. The equity share of Aartech Solonics IPO will list on BSE SME.

Visit Aartech Solonics IPO subscription status page for real-time bidding information about Aartech Solonics IPO.

Aartech Solonics IPO Timetable

IPO opens OnTuesday, March 12, 2019
IPO Closes OnMonday, March 18, 2019
Finalisation of Basis of AllotmentFriday, March 22, 2019
Initiation of RefundsMonday, March 25, 2019
Credit of Shares to Demat AccountMonday, March 25, 2019
IPO Listing DateWednesday, March 27, 2019
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