GSM Foils IPO Subscription Details

Fixed Price IPO | ₹11 Cr | Listed at NSE SME | Fri, May 24, 2024 - Tue, May 28, 2024

Basis of Allotment - GSM Foils IPO

Details NII Retail Total
Allocation (No. of shares)16,32,00016,32,00032,64,000
Allotment price (Rs.)323232
No.of applications11,15699,0901,10,246
No.of shares applied41,92,84,00039,63,60,00081,56,44,000
Amount collected (Rs.cr.)1,341.71 1,268.35 2,610.06
No.of times subscribed256.91242.87249.89
No.of shares allotted16,32,00016,32,00032,64,000
Amount (Rs.cr.)5.22 5.22 10.44
No.of allottees0408408

IPO Shares Offered

GSM Foils IPO is a public issue of 0.33 Cr equity shares. The issue offers 0.16 Cr shares to retail investors , 0.16 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 Maker1,76,0000.56 5.12%
Other* 16,32,0005.22 47.44%
Retail16,32,0005.22 47.44%
Total34,40,00011.01 100%

IPO Subscription FAQs

The GSM Foils IPO is subscribed 257.3 times by May 28, 2024 18:19.

GSM Foils IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional259.51
Retail Individual247.1
Total Subscription257.3

Retail category of GSM Foils IPO subscribed 247.1 times as of date May 28, 2024 18:19. The public issue closes on Tue, May 28, 2024 for bidding.

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

The GSM Foils IPO is subscribed 257.3 times by May 28, 2024 18:19.

The GSM Foils IPO allotment status is expected on or around Wednesday, May 29, 2024. Visit GSM Foils IPO allotment status to check.

The GSM Foils IPO listing date is May 31, 2024. The equity share of GSM Foils IPO will list on NSE SME.

Visit GSM Foils IPO subscription status page for real-time bidding information about GSM Foils IPO.

GSM Foils IPO Timetable

IPO opens OnFriday, May 24, 2024
IPO Closes OnTuesday, May 28, 2024
Finalisation of Basis of AllotmentWednesday, May 29, 2024
Initiation of RefundsThursday, May 30, 2024
Credit of Shares to Demat AccountThursday, May 30, 2024
IPO Listing DateFriday, May 31, 2024
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