Indong Tea IPO Subscription Details

Fixed Price IPO | ₹14 Cr | Listed at BSE SME | Thu, Feb 9, 2023 - Mon, Feb 13, 2023

Basis of Allotment - Indong Tea IPO

Details NII Retail Total
Allocation (No. of shares)23,76,00023,76,00047,52,000
Allotment price (Rs.)262626
No.of applications2464,5354,781
No.of shares applied49,04,0001,81,40,0002,30,44,000
Amount collected (Rs.cr.)12.75 47.16 59.91
No.of times subscribed2.067.634.85
No.of shares allotted10,08,00037,44,00047,52,000
Amount (Rs.cr.)2.62 9.73 12.36
No.of allottees1399361,075

IPO Shares Offered

Indong Tea IPO is a public issue of 0.48 Cr equity shares. The issue offers 0.24 Cr shares to retail investors , 0.24 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 Maker5,04,0001.31 9.59%
Other 23,76,0006.18 45.21%
Retail23,76,0006.18 45.21%
Total52,56,00013.67 100%

IPO Subscription FAQs

The Indong Tea IPO is subscribed 4.9672 times by Feb 13, 2023 18:58.

Indong Tea IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.1734
Retail Individual7.7609
Total Subscription4.9672

Retail category of Indong Tea IPO subscribed 7.7609 times as of date Feb 13, 2023 18:58. The public issue closes on Mon, Feb 13, 2023 for bidding.

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

The Indong Tea IPO is subscribed 4.9672 times by Feb 13, 2023 18:58.

The Indong Tea IPO allotment status is expected on or around Thursday, February 16, 2023. Visit Indong Tea IPO allotment status to check.

The Indong Tea IPO listing date is February 21, 2023. The equity share of Indong Tea IPO will list on BSE SME.

Visit Indong Tea IPO subscription status page for real-time bidding information about Indong Tea IPO.

Indong Tea IPO Timetable

IPO opens OnThursday, February 9, 2023
IPO Closes OnMonday, February 13, 2023
Finalisation of Basis of AllotmentThursday, February 16, 2023
Initiation of RefundsFriday, February 17, 2023
Credit of Shares to Demat AccountMonday, February 20, 2023
IPO Listing DateTuesday, February 21, 2023
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