Lorenzini Apparels IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Wed, Jan 31, 2018 - Tue, Feb 6, 2018

Basis of Allotment - Lorenzini Apparels IPO

Details NII Retail Total
Allocation (No. of shares)21,20,00021,20,00042,40,000
Allotment price (Rs.)101010
No.of applications13344357
No.of shares applied6,40,00037,80,00044,20,000
Amount collected (Rs.cr.)0.64 3.78 4.42
No.of times subscribed0.301.781.04
No.of shares allotted6,10,00036,30,00042,40,000
Amount (Rs.cr.)0.61 3.63 4.24
No.of allottees0344344

IPO Shares Offered

Lorenzini Apparels IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.21 Cr shares to retail investors , 0.21 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 Maker2,30,0000.23 5.15%
Other 21,20,0002.12 47.43%
Retail21,20,0002.12 47.43%
Total44,70,0004.47 100%

IPO Subscription FAQs

The Lorenzini Apparels IPO is subscribed 1.7028 times by Feb 06, 2018 17:00.

Lorenzini Apparels IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.4009
Retail Individual2.0047
Total Subscription1.7028

Retail category of Lorenzini Apparels IPO subscribed 2.0047 times as of date Feb 06, 2018 17:00. The public issue closes on Tue, Feb 6, 2018 for bidding.

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

The Lorenzini Apparels IPO is subscribed 1.7028 times by Feb 06, 2018 17:00.

The Lorenzini Apparels IPO allotment status is expected on or around Friday, February 9, 2018. Visit Lorenzini Apparels IPO allotment status to check.

The Lorenzini Apparels IPO listing date is February 15, 2018. The equity share of Lorenzini Apparels IPO will list on BSE SME.

Visit Lorenzini Apparels IPO subscription status page for real-time bidding information about Lorenzini Apparels IPO.

Lorenzini Apparels IPO Timetable

IPO opens OnWednesday, January 31, 2018
IPO Closes OnTuesday, February 6, 2018
Finalisation of Basis of AllotmentFriday, February 9, 2018
Initiation of RefundsMonday, February 12, 2018
Credit of Shares to Demat AccountWednesday, February 14, 2018
IPO Listing DateThursday, February 15, 2018
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