Akash Infra-Projects IPO Subscription Details

Fixed Price IPO | ₹26 Cr | Listed at NSE SME | Tue, Feb 28, 2017 - Mon, Mar 6, 2017

Basis of Allotment - Akash Infra-Projects IPO

Details NII Retail Total
Allocation (No. of shares)9,66,0009,66,00019,32,000
Allotment price (Rs.)125125125
No.of applications431,7901,833
No.of shares applied18,48,00017,90,00036,38,000
Amount collected (Rs.cr.)23.10 22.38 45.48
No.of times subscribed1.911.851.88
No.of shares allotted9,66,0009,66,00019,32,000
Amount (Rs.cr.)12.08 12.08 24.15
No.of allottees439661,009

IPO Shares Offered

Akash Infra-Projects IPO is a public issue of 0.19 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 Maker1,08,0001.35 5.29%
Other 9,66,00012.08 47.35%
Retail9,66,00012.08 47.35%
Total20,40,00025.50 100%

IPO Subscription FAQs

The Akash Infra-Projects IPO is subscribed 1.956 times by Mar 06, 2017 17:00.

Akash Infra-Projects IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.0352
Retail Individual1.8768
Total Subscription1.956

Retail category of Akash Infra-Projects IPO subscribed 1.8768 times as of date Mar 06, 2017 17:00. The public issue closes on Mon, Mar 6, 2017 for bidding.

An investor can apply in Akash Infra-Projects IPO online via bank (using ASBA) or the broker (using UPI). The Akash Infra-Projects IPO shares are offered online only.

The Akash Infra-Projects IPO is subscribed 1.956 times by Mar 06, 2017 17:00.

The Akash Infra-Projects IPO allotment status is expected on or around [.]. Visit Akash Infra-Projects IPO allotment status to check.

The Akash Infra-Projects IPO listing date is March 15, 2017. The equity share of Akash Infra-Projects IPO will list on NSE SME.

Visit Akash Infra-Projects IPO subscription status page for real-time bidding information about Akash Infra-Projects IPO.

Akash Infra-Projects IPO Timetable

IPO opens OnTuesday, February 28, 2017
IPO Closes OnMonday, March 6, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, March 15, 2017
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