Garv Industries IPO Subscription Details

Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Thu, Apr 12, 2018 - Tue, Apr 17, 2018

Basis of Allotment - Garv Industries IPO

Details NII Retail Total
Allocation (No. of shares)15,15,00015,15,00030,30,000
Allotment price (Rs.)101010
No.of applications15237252
No.of shares applied8,00,00026,80,00034,80,000
Amount collected (Rs.cr.)0.80 2.68 3.48
No.of times subscribed0.531.771.15
No.of shares allotted6,90,00023,40,00030,30,000
Amount (Rs.cr.)0.69 2.34 3.03
No.of allottees000

IPO Shares Offered

Garv Industries IPO is a public issue of 0.30 Cr equity shares. The issue offers 0.15 Cr shares to retail investors , 0.15 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 Maker1,70,0000.17 5.31%
Other 15,15,0001.52 47.34%
Retail15,15,0001.52 47.34%
Total32,00,0003.20 100%

IPO Subscription FAQs

The Garv Industries IPO is subscribed 2.132 times by Apr 17, 2018 17:00.

Garv Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.2838
Retail Individual1.9802
Total Subscription2.132

Retail category of Garv Industries IPO subscribed 1.9802 times as of date Apr 17, 2018 17:00. The public issue closes on Tue, Apr 17, 2018 for bidding.

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

The Garv Industries IPO is subscribed 2.132 times by Apr 17, 2018 17:00.

The Garv Industries IPO allotment status is expected on or around Friday, April 20, 2018. Visit Garv Industries IPO allotment status to check.

The Garv Industries IPO listing date is April 25, 2018. The equity share of Garv Industries IPO will list on BSE SME.

Visit Garv Industries IPO subscription status page for real-time bidding information about Garv Industries IPO.

Garv Industries IPO Timetable

IPO opens OnThursday, April 12, 2018
IPO Closes OnTuesday, April 17, 2018
Finalisation of Basis of AllotmentFriday, April 20, 2018
Initiation of RefundsMonday, April 23, 2018
Credit of Shares to Demat AccountTuesday, April 24, 2018
IPO Listing DateWednesday, April 25, 2018
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