IBL Finance IPO Subscription Details

Fixed Price IPO | ₹33 Cr | Listed at NSE SME | Tue, Jan 9, 2024 - Thu, Jan 11, 2024

Basis of Allotment - IBL Finance IPO

Details NII Retail Total
Allocation (No. of shares)31,10,00031,10,00062,20,000
Allotment price (Rs.)515151
No.of applications2,80536,58439,389
No.of shares applied3,05,26,0007,31,68,00010,36,94,000
Amount collected (Rs.cr.)155.68 373.16 528.84
No.of times subscribed9.8223.5316.67
No.of shares allotted18,30,00043,90,00062,20,000
Amount (Rs.cr.)9.33 22.39 31.72
No.of allottees6152,1952,810

IPO Shares Offered

IBL Finance IPO is a public issue of 0.62 Cr equity shares. The issue offers 0.31 Cr shares to retail investors , 0.31 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 Maker3,30,0001.68 5.04%
Other* 31,10,00015.86 47.48%
Retail31,10,00015.86 47.48%
Total65,50,00033.41 100%

IPO Subscription FAQs

The IBL Finance IPO is subscribed 17 times by Jan 11, 2024 19:29.

IBL Finance IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional9.94
Retail Individual24.03
Total Subscription17

Retail category of IBL Finance IPO subscribed 24.03 times as of date Jan 11, 2024 19:29. The public issue closes on Thu, Jan 11, 2024 for bidding.

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

The IBL Finance IPO is subscribed 17 times by Jan 11, 2024 19:29.

The IBL Finance IPO allotment status is expected on or around Friday, January 12, 2024. Visit IBL Finance IPO allotment status to check.

The IBL Finance IPO listing date is January 16, 2024. The equity share of IBL Finance IPO will list on NSE SME.

Visit IBL Finance IPO subscription status page for real-time bidding information about IBL Finance IPO.

IBL Finance IPO Timetable

IPO opens OnTuesday, January 9, 2024
IPO Closes OnThursday, January 11, 2024
Finalisation of Basis of AllotmentFriday, January 12, 2024
Initiation of RefundsMonday, January 15, 2024
Credit of Shares to Demat AccountMonday, January 15, 2024
IPO Listing DateTuesday, January 16, 2024
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