AMIC Forging IPO Subscription Details

Bookbuilding IPO | ₹35 Cr | Listed at BSE SME | Wed, Nov 29, 2023 - Fri, Dec 1, 2023

Basis of Allotment - AMIC Forging IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,24,0007,86,00013,10,0003,94,0009,19,00026,23,000
Allotment price (Rs.)126126126126126126
No.of applications5045420,3292,47,0762,67,459
No.of shares applied4,49,07,0007,86,0004,56,93,00023,36,77,00024,70,76,00052,64,46,000
Amount collected (Rs.cr.)565.83 9.90 575.73 2,944.33 3,113.16 6,633.22
No.of times subscribed85.701.0034.88593.09268.85200.70
No.of shares allotted5,24,0007,86,00013,10,0003,94,0009,19,00026,23,000
Amount (Rs.cr.)6.60 9.90 16.51 4.96 11.58 33.05
No.of allottees504540919973

IPO Shares Offered

AMIC Forging IPO is a public issue of 0.26 Cr equity shares. The issue offers 0.09 Cr shares to retail investors, 0.13 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,39,0001.75 5.03%
QIB 13,10,00016.51 47.43%
    Anchor 7,86,000 9.90 28.46%
    QIB (Ex Anchor) 5,24,000 6.60 18.97%
NII* 3,94,0004.96 14.27%
Retail9,19,00011.58 33.27%
Total27,62,00034.80 100%

AMIC Forging IPO Anchor Investor Allocation

A total of 7,86,000 shares at a price of Rs 126 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 28, 2023
Anchor investor price₹126.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days3,93,000
No. of shares locked-in for 90 days3,93,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 96,000 1.21 12.21 3.48
2 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 3,09,000 3.89 39.31 11.19
3 SAINT CAPITAL FUND SAINT CAPITAL 2,06,000 2.60 26.21 7.46
4 PERSISTENT GROWTH FUND PERSISTENT 1,75,000 2.21 22.26 6.34
7,86,0009.9010028.46

IPO Subscription FAQs

The AMIC Forging IPO is subscribed 289.05 times by Dec 01, 2023 19:02.

AMIC Forging IPO Subscription

Investor Category Subscription (times)
Qualified Institutional91.43
Non Institutional589.27
Retail Individual273.01
Total Subscription289.05

Retail category of AMIC Forging IPO subscribed 273.01 times as of date Dec 01, 2023 19:02. The public issue closes on Fri, Dec 1, 2023 for bidding.

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

The AMIC Forging IPO is subscribed 289.05 times by Dec 01, 2023 19:02.

The AMIC Forging IPO allotment status is expected on or around Monday, December 4, 2023. Visit AMIC Forging IPO allotment status to check.

The AMIC Forging IPO listing date is December 6, 2023. The equity share of AMIC Forging IPO will list on BSE SME.

Visit AMIC Forging IPO subscription status page for real-time bidding information about AMIC Forging IPO.

AMIC Forging IPO Timetable

IPO opens OnWednesday, November 29, 2023
IPO Closes OnFriday, December 1, 2023
Finalisation of Basis of AllotmentMonday, December 4, 2023
Initiation of RefundsTuesday, December 5, 2023
Credit of Shares to Demat AccountTuesday, December 5, 2023
IPO Listing DateWednesday, December 6, 2023
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