Electrosteel Steels IPO Subscription Details

Bookbuilding IPO | ₹285 Cr | Listed at BSE, NSE | Tue, Sep 21, 2010 - Fri, Sep 24, 2010

Basis of Allotment - Electrosteel Steels IPO

Category QIB NII Retail Total
Allocation (No. of shares)15,56,06,1702,59,34,3627,78,03,08425,93,43,616
Allotment price (Rs.)11111111
No.of applications4226192,25592,558
No.of shares applied79,26,78,60061,71,42,60041,36,25,6001,82,34,46,800
Amount collected (Rs.cr.)871.95 678.86 454.99 2,005.79
No.of times subscribed5.0923.805.327.03
No.of shares allotted15,56,06,1702,59,34,3627,78,03,08425,93,43,616
Amount (Rs.cr.)171.17 28.53 85.58 285.28
No.of allottees023560,69260,927

IPO Shares Offered

Electrosteel Steels IPO is a public issue of 25.93 Cr equity shares. The issue offers 7.78 Cr shares to retail investors, 15.56 Cr shares to qualified institutional buyers, and 2.59 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 15,56,06,170171.17 60.00%
NII 2,59,34,36228.53 10.00%
Retail7,78,03,08485.58 30.00%
Total25,93,43,616285.28 100%

IPO Subscription FAQs

The Electrosteel Steels IPO is subscribed 7.1574 times by Sep 24, 2010 17:00.

Electrosteel Steels IPO Subscription

Investor Category Subscription (times)
Qualified Institutional5.0957
Non Institutional24.8522
Retail Individual5.3826
Total Subscription7.1574

Retail category of Electrosteel Steels IPO subscribed 5.3826 times as of date Sep 24, 2010 17:00. The public issue closes on Fri, Sep 24, 2010 for bidding.

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

The Electrosteel Steels IPO is subscribed 7.1574 times by Sep 24, 2010 17:00.

The Electrosteel Steels IPO allotment status is expected on or around [.]. Visit Electrosteel Steels IPO allotment status to check.

The Electrosteel Steels IPO listing date is October 8, 2010. The equity share of Electrosteel Steels IPO will list on BSE, NSE.

Visit Electrosteel Steels IPO subscription status page for real-time bidding information about Electrosteel Steels IPO.

Electrosteel Steels IPO Timetable

IPO opens OnTuesday, September 21, 2010
IPO Closes OnFriday, September 24, 2010
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, October 8, 2010
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