Ganga Forging IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Fri, Jun 29, 2018 - Tue, Jul 3, 2018

Basis of Allotment - Ganga Forging IPO

Details NII Retail Total
Allocation (No. of shares)11,28,00011,28,00022,56,000
Allotment price (Rs.)212121
No.of applications17496513
No.of shares applied2,94,00029,76,00032,70,000
Amount collected (Rs.cr.)0.62 6.25 6.87
No.of times subscribed0.262.641.45
No.of shares allotted2,94,00019,62,00022,56,000
Amount (Rs.cr.)0.62 4.12 4.74
No.of allottees17327344

IPO Shares Offered

Ganga Forging IPO is a public issue of 0.23 Cr equity shares. The issue offers 0.11 Cr shares to retail investors , 0.11 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 Maker1,26,0000.26 5.29%
Other 11,28,0002.37 47.36%
Retail11,28,0002.37 47.36%
Total23,82,0005.00 100%

IPO Subscription FAQs

The Ganga Forging IPO is subscribed 1.8777 times by Jul 03, 2018 17:00.

Ganga Forging IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.8404
Retail Individual2.8032
Total Subscription1.8777

Retail category of Ganga Forging IPO subscribed 2.8032 times as of date Jul 03, 2018 17:00. The public issue closes on Tue, Jul 3, 2018 for bidding.

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

The Ganga Forging IPO is subscribed 1.8777 times by Jul 03, 2018 17:00.

The Ganga Forging IPO allotment status is expected on or around Friday, July 6, 2018. Visit Ganga Forging IPO allotment status to check.

The Ganga Forging IPO listing date is July 11, 2018. The equity share of Ganga Forging IPO will list on NSE SME.

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

Ganga Forging IPO Timetable

IPO opens OnFriday, June 29, 2018
IPO Closes OnTuesday, July 3, 2018
Finalisation of Basis of AllotmentFriday, July 6, 2018
Initiation of RefundsMonday, July 9, 2018
Credit of Shares to Demat AccountTuesday, July 10, 2018
IPO Listing DateWednesday, July 11, 2018
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