Lancer Container Lines IPO Subscription Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Mar 31, 2016 - Tue, Apr 5, 2016

Basis of Allotment - Lancer Container Lines IPO

Details NII Retail Total
Allocation (No. of shares)7,30,0007,30,00014,60,000
Allotment price (Rs.)121212
No.of applications29376405
No.of shares applied16,80,00037,60,00054,40,000
Amount collected (Rs.cr.)2.02 4.51 6.53
No.of times subscribed2.305.153.73
No.of shares allotted4,50,00010,10,00014,60,000
Amount (Rs.cr.)0.54 1.21 1.75
No.of allottees0101101

IPO Shares Offered

Lancer Container Lines IPO is a public issue of 0.15 Cr equity shares. The issue offers 0.07 Cr shares to retail investors , 0.07 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 Maker80,0000.10 5.19%
Other 7,30,0000.88 47.40%
Retail7,30,0000.88 47.40%
Total15,40,0001.85 100%

IPO Subscription FAQs

The Lancer Container Lines IPO is subscribed 3.7466 times by Apr 05, 2016 00:00.

Lancer Container Lines IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.3014
Retail Individual5.1918
Total Subscription3.7466

Retail category of Lancer Container Lines IPO subscribed 5.1918 times as of date Apr 05, 2016 00:00. The public issue closes on Tue, Apr 5, 2016 for bidding.

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

The Lancer Container Lines IPO is subscribed 3.7466 times by Apr 05, 2016 00:00.

The Lancer Container Lines IPO allotment status is expected on or around [.]. Visit Lancer Container Lines IPO allotment status to check.

The Lancer Container Lines IPO listing date is April 13, 2016. The equity share of Lancer Container Lines IPO will list on BSE SME.

Visit Lancer Container Lines IPO subscription status page for real-time bidding information about Lancer Container Lines IPO.

Lancer Container Lines IPO Timetable

IPO opens OnThursday, March 31, 2016
IPO Closes OnTuesday, April 5, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, April 13, 2016
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