Cospower Engineering IPO Subscription Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Tue, Mar 17, 2020 - Thu, Mar 19, 2020

Basis of Allotment - Cospower Engineering IPO

Details NII Retail Total
Allocation (No. of shares)1,88,0001,88,0003,76,000
Allotment price (Rs.)515151
No.of applications325991
No.of shares applied4,00,0001,18,0005,18,000
Amount collected (Rs.cr.)2.04 0.60 2.64
No.of times subscribed2.130.631.38
No.of shares allotted2,58,0001,18,0003,76,000
Amount (Rs.cr.)1.32 0.60 1.92
No.of allottees325991

IPO Shares Offered

Cospower Engineering IPO is a public issue of 0.04 Cr equity shares. The issue offers 0.02 Cr shares to retail investors , 0.02 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 Maker24,0000.12 6.00%
Other 1,88,0000.96 47.00%
Retail1,88,0000.96 47.00%
Total4,00,0002.04 100%

IPO Subscription FAQs

The Cospower Engineering IPO is subscribed 1.5266 times by Mar 19, 2020 18:49.

Cospower Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.3617
Retail Individual0.6915
Total Subscription1.5266

Retail category of Cospower Engineering IPO subscribed 0.6915 times as of date Mar 19, 2020 18:49. The public issue closes on Thu, Mar 19, 2020 for bidding.

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

The Cospower Engineering IPO is subscribed 1.5266 times by Mar 19, 2020 18:49.

The Cospower Engineering IPO allotment status is expected on or around [.]. Visit Cospower Engineering IPO allotment status to check.

The Cospower Engineering IPO listing date is March 30, 2020. The equity share of Cospower Engineering IPO will list on BSE SME.

Visit Cospower Engineering IPO subscription status page for real-time bidding information about Cospower Engineering IPO.

Cospower Engineering IPO Timetable

IPO opens OnTuesday, March 17, 2020
IPO Closes OnThursday, March 19, 2020
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, March 30, 2020
Open an Instant Account with Zerodha