Art Nirman IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Fri, Sep 30, 2016 - Fri, Oct 7, 2016

Basis of Allotment - Art Nirman IPO

Details NII Retail Total
Allocation (No. of shares)9,48,0009,54,00019,02,000
Allotment price (Rs.)252525
No.of applications54145199
No.of shares applied22,14,0008,70,00030,84,000
Amount collected (Rs.cr.)5.54 2.18 7.71
No.of times subscribed2.340.911.62
No.of shares allotted10,32,0008,70,00019,02,000
Amount (Rs.cr.)2.58 2.18 4.76
No.of allottees53145198

IPO Shares Offered

Art Nirman IPO is a public issue of 0.19 Cr equity shares. The issue offers 0.10 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 5.09%
Other 9,48,0002.37 47.31%
Retail9,54,0002.39 47.60%
Total20,04,0005.01 100%

IPO Subscription FAQs

The Art Nirman IPO is subscribed 1.6625 times by Oct 07, 2016 00:00.

Art Nirman IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.3797
Retail Individual0.9497
Total Subscription1.6625

Retail category of Art Nirman IPO subscribed 0.9497 times as of date Oct 07, 2016 00:00. The public issue closes on Fri, Oct 7, 2016 for bidding.

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

The Art Nirman IPO is subscribed 1.6625 times by Oct 07, 2016 00:00.

The Art Nirman IPO allotment status is expected on or around [.]. Visit Art Nirman IPO allotment status to check.

The Art Nirman IPO listing date is October 19, 2016. The equity share of Art Nirman IPO will list on NSE SME.

Visit Art Nirman IPO subscription status page for real-time bidding information about Art Nirman IPO.

Art Nirman IPO Timetable

IPO opens OnFriday, September 30, 2016
IPO Closes OnFriday, October 7, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, October 19, 2016
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