Akshar Spintex IPO Subscription Details

Fixed Price IPO | ₹27 Cr | Listed at BSE SME | Fri, Apr 27, 2018 - Thu, May 3, 2018

Basis of Allotment - Akshar Spintex IPO

Details NII Retail Total
Allocation (No. of shares)32,01,00032,01,00064,02,000
Allotment price (Rs.)404040
No.of applications1289,4609,588
No.of shares applied39,75,0002,83,80,0003,23,55,000
Amount collected (Rs.cr.)15.90 113.52 129.42
No.of times subscribed1.248.875.05
No.of shares allotted7,86,00056,16,00064,02,000
Amount (Rs.cr.)3.14 22.46 25.61
No.of allottees01,8721,872

IPO Shares Offered

Akshar Spintex IPO is a public issue of 0.64 Cr equity shares. The issue offers 0.32 Cr shares to retail investors , 0.32 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 Maker3,45,0001.38 5.11%
Other 32,01,00012.80 47.44%
Retail32,01,00012.80 47.44%
Total67,47,00026.99 100%

IPO Subscription FAQs

The Akshar Spintex IPO is subscribed 5.4756 times by May 03, 2018 17:00.

Akshar Spintex IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.7076
Retail Individual9.2437
Total Subscription5.4756

Retail category of Akshar Spintex IPO subscribed 9.2437 times as of date May 03, 2018 17:00. The public issue closes on Thu, May 3, 2018 for bidding.

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

The Akshar Spintex IPO is subscribed 5.4756 times by May 03, 2018 17:00.

The Akshar Spintex IPO allotment status is expected on or around [.]. Visit Akshar Spintex IPO allotment status to check.

The Akshar Spintex IPO listing date is May 11, 2018. The equity share of Akshar Spintex IPO will list on BSE SME.

Visit Akshar Spintex IPO subscription status page for real-time bidding information about Akshar Spintex IPO.

Akshar Spintex IPO Timetable

IPO opens OnFriday, April 27, 2018
IPO Closes OnThursday, May 3, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, May 11, 2018
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