AIK Pipes IPO Subscription Details

Fixed Price IPO | ₹15 Cr | Listed at BSE SME | Tue, Dec 26, 2023 - Thu, Dec 28, 2023

Basis of Allotment - AIK Pipes IPO

Details NII Retail Total
Allocation (No. of shares)8,01,6008,01,60016,03,200
Allotment price (Rs.)898989
No.of applications2,04414,95116,995
No.of shares applied4,49,68,0002,39,21,6006,88,89,600
Amount collected (Rs.cr.)400.22 212.90 613.12
No.of times subscribed56.1029.8442.97
No.of shares allotted8,01,6008,01,60016,03,200
Amount (Rs.cr.)7.13 7.13 14.27
No.of allottees289501790

IPO Shares Offered

AIK Pipes IPO is a public issue of 0.16 Cr equity shares. The issue offers 0.08 Cr shares to retail investors , 0.08 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 Maker84,8000.75 5.02%
Other* 8,01,6007.13 47.49%
Retail8,01,6007.13 47.49%
Total16,88,00015.02 100%

IPO Subscription FAQs

The AIK Pipes IPO is subscribed 43.57 times by Dec 28, 2023 19:02.

AIK Pipes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional52.17
Retail Individual30.93
Total Subscription43.57

Retail category of AIK Pipes IPO subscribed 30.93 times as of date Dec 28, 2023 19:02. The public issue closes on Thu, Dec 28, 2023 for bidding.

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

The AIK Pipes IPO is subscribed 43.57 times by Dec 28, 2023 19:02.

The AIK Pipes IPO allotment status is expected on or around Friday, December 29, 2023. Visit AIK Pipes IPO allotment status to check.

The AIK Pipes IPO listing date is January 2, 2024. The equity share of AIK Pipes IPO will list on BSE SME.

Visit AIK Pipes IPO subscription status page for real-time bidding information about AIK Pipes IPO.

AIK Pipes IPO Timetable

IPO opens OnTuesday, December 26, 2023
IPO Closes OnThursday, December 28, 2023
Finalisation of Basis of AllotmentFriday, December 29, 2023
Initiation of RefundsMonday, January 1, 2024
Credit of Shares to Demat AccountMonday, January 1, 2024
IPO Listing DateTuesday, January 2, 2024
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