Hi-Tech Pipes IPO Subscription Details

Fixed Price IPO | ₹14 Cr | Listed at NSE SME | Mon, Feb 15, 2016 - Fri, Feb 19, 2016

Basis of Allotment - Hi-Tech Pipes IPO

Details NII Retail Total
Allocation (No. of shares)12,96,00012,96,00025,92,000
Allotment price (Rs.)505050
No.of applications169735904
No.of shares applied45,54,00022,05,00067,59,000
Amount collected (Rs.cr.)22.77 11.03 33.80
No.of times subscribed3.511.702.61
No.of shares allotted12,96,00012,96,00025,92,000
Amount (Rs.cr.)6.48 6.48 12.96
No.of allottees158432590

IPO Shares Offered

Hi-Tech Pipes IPO is a public issue of 0.26 Cr equity shares. The issue offers 0.13 Cr shares to retail investors , 0.13 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 Maker1,38,0000.69 5.05%
Other 12,96,0006.48 47.47%
Retail12,96,0006.48 47.47%
Total27,30,00013.65 100%

IPO Subscription FAQs

The Hi-Tech Pipes IPO is subscribed 2.6262 times by Feb 19, 2016 00:00.

Hi-Tech Pipes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.7199
Retail Individual3.5324
Total Subscription2.6262

Retail category of Hi-Tech Pipes IPO subscribed 3.5324 times as of date Feb 19, 2016 00:00. The public issue closes on Fri, Feb 19, 2016 for bidding.

An investor can apply in Hi-Tech Pipes IPO online via bank (using ASBA) or the broker (using UPI). The Hi-Tech Pipes IPO shares are offered online only.

The Hi-Tech Pipes IPO is subscribed 2.6262 times by Feb 19, 2016 00:00.

The Hi-Tech Pipes IPO allotment status is expected on or around [.]. Visit Hi-Tech Pipes IPO allotment status to check.

The Hi-Tech Pipes IPO listing date is February 25, 2016. The equity share of Hi-Tech Pipes IPO will list on NSE SME.

Visit Hi-Tech Pipes IPO subscription status page for real-time bidding information about Hi-Tech Pipes IPO.

Hi-Tech Pipes IPO Timetable

IPO opens OnMonday, February 15, 2016
IPO Closes OnFriday, February 19, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, February 25, 2016
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