Karnika Industries IPO Subscription Details

Fixed Price IPO | ₹25 Cr | Listed at NSE SME | Fri, Sep 29, 2023 - Thu, Oct 5, 2023

Basis of Allotment - Karnika Industries IPO

Details NII Retail Total
Allocation (No. of shares)15,66,40015,66,40031,32,800
Allotment price (Rs.)767676
No.of applications3042,8053,109
No.of shares applied50,24,00044,88,00095,12,000
Amount collected (Rs.cr.)38.18 34.11 72.29
No.of times subscribed3.212.873.04
No.of shares allotted15,66,40015,66,40031,32,800
Amount (Rs.cr.)11.90 11.90 23.81
No.of allottees2539791,232

IPO Shares Offered

Karnika Industries IPO is a public issue of 0.31 Cr equity shares. The issue offers 0.16 Cr shares to retail investors , 0.16 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 Maker1,66,4001.26 5.04%
Other* 15,66,40011.90 47.48%
Retail15,66,40011.90 47.48%
Total32,99,20025.07 100%

IPO Subscription FAQs

The Karnika Industries IPO is subscribed 3.07 times by Oct 05, 2023 19:29.

Karnika Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional3.22
Retail Individual2.91
Total Subscription3.07

Retail category of Karnika Industries IPO subscribed 2.91 times as of date Oct 05, 2023 19:29. The public issue closes on Thu, Oct 5, 2023 for bidding.

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

The Karnika Industries IPO is subscribed 3.07 times by Oct 05, 2023 19:29.

The Karnika Industries IPO allotment status is expected on or around Tuesday, October 10, 2023. Visit Karnika Industries IPO allotment status to check.

The Karnika Industries IPO listing date is October 12, 2023. The equity share of Karnika Industries IPO will list on NSE SME.

Visit Karnika Industries IPO subscription status page for real-time bidding information about Karnika Industries IPO.

Karnika Industries IPO Timetable

IPO opens OnFriday, September 29, 2023
IPO Closes OnThursday, October 5, 2023
Finalisation of Basis of AllotmentTuesday, October 10, 2023
Initiation of RefundsWednesday, October 11, 2023
Credit of Shares to Demat AccountThursday, October 12, 2023
IPO Listing DateThursday, October 12, 2023
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