AKM Lace IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Wed, Sep 20, 2017 - Fri, Sep 22, 2017

Basis of Allotment - AKM Lace IPO

Details NII Retail Total
Allocation (No. of shares)9,00,0009,00,00018,00,000
Allotment price (Rs.)252525
No.of applications10128138
No.of shares applied11,52,0007,68,00019,20,000
Amount collected (Rs.cr.)2.88 1.92 4.80
No.of times subscribed1.280.851.07
No.of shares allotted10,32,0007,68,00018,00,000
Amount (Rs.cr.)2.58 1.92 4.50
No.of allottees10128138

IPO Shares Offered

AKM Lace IPO is a public issue of 0.18 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 Maker1,02,0000.26 5.36%
Other 9,00,0002.25 47.32%
Retail9,00,0002.25 47.32%
Total19,02,0004.76 100%

IPO Subscription FAQs

The AKM Lace IPO is subscribed 1.21 times by Sep 22, 2017 17:00.

AKM Lace IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.5133
Retail Individual0.9067
Total Subscription1.21

Retail category of AKM Lace IPO subscribed 0.9067 times as of date Sep 22, 2017 17:00. The public issue closes on Fri, Sep 22, 2017 for bidding.

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

The AKM Lace IPO is subscribed 1.21 times by Sep 22, 2017 17:00.

The AKM Lace IPO allotment status is expected on or around [.]. Visit AKM Lace IPO allotment status to check.

The AKM Lace IPO listing date is September 29, 2017. The equity share of AKM Lace IPO will list on BSE SME.

Visit AKM Lace IPO subscription status page for real-time bidding information about AKM Lace IPO.

AKM Lace IPO Timetable

IPO opens OnWednesday, September 20, 2017
IPO Closes OnFriday, September 22, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, September 29, 2017
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