Innovative Ideals IPO Subscription Details

Bookbuilding IPO | ₹12 Cr | Listed at BSE SME | Mon, Sep 24, 2018 - Wed, Sep 26, 2018

Basis of Allotment - Innovative Ideals IPO

Category NII Retail Total
Allocation (No. of shares)14,55,00014,55,00029,10,000
Allotment price (Rs.)404040
No.of applications17722739
No.of shares applied12,00,00021,66,00033,66,000
Amount collected (Rs.cr.)4.80 8.66 13.46
No.of times subscribed0.821.491.16
No.of shares allotted10,32,00018,78,00029,10,000
Amount (Rs.cr.)4.13 7.51 11.64
No.of allottees0626626

IPO Shares Offered

Innovative Ideals IPO is a public issue of 0.29 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.00 Cr shares to qualified institutional buyers, and 0.15 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,56,0000.62 5.09%
NII 14,55,0005.82 47.46%
Retail14,55,0005.82 47.46%
Total30,66,00012.26 100%

IPO Subscription FAQs

The Innovative Ideals IPO is subscribed 1.299 times by Sep 26, 2018 18:49.

Innovative Ideals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.0144
Retail Individual1.5835
Total Subscription1.299

Retail category of Innovative Ideals IPO subscribed 1.5835 times as of date Sep 26, 2018 18:49. The public issue closes on Wed, Sep 26, 2018 for bidding.

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

The Innovative Ideals IPO is subscribed 1.299 times by Sep 26, 2018 18:49.

The Innovative Ideals IPO allotment status is expected on or around Monday, October 1, 2018. Visit Innovative Ideals IPO allotment status to check.

The Innovative Ideals IPO listing date is October 5, 2018. The equity share of Innovative Ideals IPO will list on BSE SME.

Visit Innovative Ideals IPO subscription status page for real-time bidding information about Innovative Ideals IPO.

Innovative Ideals IPO Timetable

IPO opens OnMonday, September 24, 2018
IPO Closes OnWednesday, September 26, 2018
Finalisation of Basis of AllotmentMonday, October 1, 2018
Initiation of RefundsWednesday, October 3, 2018
Credit of Shares to Demat AccountThursday, October 4, 2018
IPO Listing DateFriday, October 5, 2018
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