Hindcon Chemicals IPO Subscription Details

Fixed Price IPO | ₹8 Cr | Listed at NSE SME | Mon, Feb 26, 2018 - Wed, Feb 28, 2018

Basis of Allotment - Hindcon Chemicals IPO

Details NII Retail Total
Allocation (No. of shares)13,08,00013,08,00026,16,000
Allotment price (Rs.)282828
No.of applications38639,50739,893
No.of shares applied19,94,36,00015,80,28,00035,74,64,000
Amount collected (Rs.cr.)558.42 442.48 1,000.90
No.of times subscribed152.47120.82136.65
No.of shares allotted13,08,00013,08,00026,16,000
Amount (Rs.cr.)3.66 3.66 7.32
No.of allottees0327327

IPO Shares Offered

Hindcon Chemicals 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 Maker1,44,0000.40 5.22%
Other 13,08,0003.66 47.39%
Retail13,08,0003.66 47.39%
Total27,60,0007.73 100%

IPO Subscription FAQs

The Hindcon Chemicals IPO is subscribed 137.63 times by Feb 28, 2018 17:00.

Hindcon Chemicals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional154.8502
Retail Individual120.4098
Total Subscription137.63

Retail category of Hindcon Chemicals IPO subscribed 120.4098 times as of date Feb 28, 2018 17:00. The public issue closes on Wed, Feb 28, 2018 for bidding.

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

The Hindcon Chemicals IPO is subscribed 137.63 times by Feb 28, 2018 17:00.

The Hindcon Chemicals IPO allotment status is expected on or around [.]. Visit Hindcon Chemicals IPO allotment status to check.

The Hindcon Chemicals IPO listing date is March 9, 2018. The equity share of Hindcon Chemicals IPO will list on NSE SME.

Visit Hindcon Chemicals IPO subscription status page for real-time bidding information about Hindcon Chemicals IPO.

Hindcon Chemicals IPO Timetable

IPO opens OnMonday, February 26, 2018
IPO Closes OnWednesday, February 28, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, March 9, 2018
Open an Instant Account with Zerodha