M & B Switchgears IPO Subscription Details

Bookbuilding IPO | ₹93 Cr | Listed at BSE, NSE | Wed, Sep 28, 2011 - Wed, Oct 5, 2011

Basis of Allotment - M & B Switchgears IPO

Category QIB NII Retail Total
Allocation (No. of shares)25,00,0007,50,00017,50,00050,00,000
Allotment price (Rs.)186186186186
No.of applications3344,2174,254
No.of shares applied25,69,32011,67,24038,40,18075,76,740
Amount collected (Rs.cr.)47.79 21.71 71.43 140.93
No.of times subscribed1.031.562.191.52
No.of shares allotted25,00,0007,50,00017,50,00050,00,000
Amount (Rs.cr.)46.50 13.95 32.55 93.00
No.of allottees3203,9353,958

IPO Shares Offered

M & B Switchgears IPO is a public issue of 0.50 Cr equity shares. The issue offers 0.18 Cr shares to retail investors, 0.25 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 25,00,00046.50 50.00%
NII 7,50,00013.95 15.00%
Retail17,50,00032.55 35.00%
Total50,00,00093.00 100%

IPO Subscription FAQs

The M & B Switchgears IPO is subscribed 1.5715 times by Oct 05, 2011 17:00.

M & B Switchgears IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.03
Non Institutional1.56
Retail Individual2.35
Total Subscription1.5715

Retail category of M & B Switchgears IPO subscribed 2.35 times as of date Oct 05, 2011 17:00. The public issue closes on Wed, Oct 5, 2011 for bidding.

An investor can apply in M & B Switchgears IPO online via bank (using ASBA) or the broker (using UPI). The M & B Switchgears IPO shares are offered online only.

The M & B Switchgears IPO is subscribed 1.5715 times by Oct 05, 2011 17:00.

The M & B Switchgears IPO allotment status is expected on or around [.]. Visit M & B Switchgears IPO allotment status to check.

The M & B Switchgears IPO listing date is October 20, 2011. The equity share of M & B Switchgears IPO will list on BSE, NSE.

Visit M & B Switchgears IPO subscription status page for real-time bidding information about M & B Switchgears IPO.

M & B Switchgears IPO Timetable

IPO opens OnWednesday, September 28, 2011
IPO Closes OnWednesday, October 5, 2011
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, October 20, 2011
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