Advait Infratech IPO Subscription Details

Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Tue, Sep 15, 2020 - Fri, Sep 18, 2020

Basis of Allotment - Advait Infratech IPO

Details NII Retail Total
Allocation (No. of shares)6,41,0006,41,00012,82,000
Allotment price (Rs.)515151
No.of applications73728801
No.of shares applied9,54,00014,56,00024,10,000
Amount collected (Rs.cr.)4.87 7.43 12.29
No.of times subscribed1.492.271.88
No.of shares allotted5,06,0007,76,00012,82,000
Amount (Rs.cr.)2.58 3.96 6.54
No.of allottees73388461

IPO Shares Offered

Advait Infratech IPO is a public issue of 0.13 Cr equity shares. The issue offers 0.06 Cr shares to retail investors , 0.06 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 Maker68,0000.35 5.04%
Other 6,41,0003.27 47.48%
Retail6,41,0003.27 47.48%
Total13,50,0006.89 100%

IPO Subscription FAQs

The Advait Infratech IPO is subscribed 2.0234 times by Sep 18, 2020 18:50.

Advait Infratech IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.6069
Retail Individual2.4399
Total Subscription2.0234

Retail category of Advait Infratech IPO subscribed 2.4399 times as of date Sep 18, 2020 18:50. The public issue closes on Fri, Sep 18, 2020 for bidding.

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

The Advait Infratech IPO is subscribed 2.0234 times by Sep 18, 2020 18:50.

The Advait Infratech IPO allotment status is expected on or around Friday, September 25, 2020. Visit Advait Infratech IPO allotment status to check.

The Advait Infratech IPO listing date is September 28, 2020. The equity share of Advait Infratech IPO will list on BSE SME.

Visit Advait Infratech IPO subscription status page for real-time bidding information about Advait Infratech IPO.

Advait Infratech IPO Timetable

IPO opens OnTuesday, September 15, 2020
IPO Closes OnFriday, September 18, 2020
Finalisation of Basis of AllotmentFriday, September 25, 2020
Initiation of RefundsMonday, September 28, 2020
Credit of Shares to Demat AccountTuesday, September 29, 2020
IPO Listing DateMonday, September 28, 2020
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