Innovative Tyres IPO Subscription Details

Bookbuilding IPO | ₹28 Cr | Listed at NSE SME | Fri, Sep 22, 2017 - Tue, Sep 26, 2017

Basis of Allotment - Innovative Tyres IPO

Category NII Retail Employees Total
Allocation (No. of shares)25,50,00025,50,0008,70,00059,70,000
Allotment price (Rs.)45454545
No.of applications15511,7388711,980
No.of shares applied95,10,0003,52,14,0007,77,0004,55,01,000
Amount collected (Rs.cr.)42.80 158.46 3.50 204.75
No.of times subscribed3.7313.810.897.62
No.of shares allotted11,01,00040,92,0007,77,00059,70,000
Amount (Rs.cr.)4.95 18.41 3.50 26.87
No.of allottees01,364871,451

IPO Shares Offered

Innovative Tyres IPO is a public issue of 0.60 Cr equity shares. The issue offers 0.26 Cr shares to retail investors, 0.00 Cr shares to qualified institutional buyers, and 0.26 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,27,0001.47 5.19%
NII 25,50,00011.48 40.50%
Retail25,50,00011.48 40.50%
Employee8,70,0003.92 13.82%
Total62,97,00028.34 100%

IPO Subscription FAQs

The Innovative Tyres IPO is subscribed 8.0291 times by Sep 26, 2017 17:00.

Innovative Tyres IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional4.0694
Retail Individual14.3635
Employee Reservations0.9138
Total Subscription8.0291

Retail category of Innovative Tyres IPO subscribed 14.3635 times as of date Sep 26, 2017 17:00. The public issue closes on Tue, Sep 26, 2017 for bidding.

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

The Innovative Tyres IPO is subscribed 8.0291 times by Sep 26, 2017 17:00.

The Innovative Tyres IPO allotment status is expected on or around [.]. Visit Innovative Tyres IPO allotment status to check.

The Innovative Tyres IPO listing date is October 5, 2017. The equity share of Innovative Tyres IPO will list on NSE SME.

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

Innovative Tyres IPO Timetable

IPO opens OnFriday, September 22, 2017
IPO Closes OnTuesday, September 26, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, October 5, 2017
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