Madhav Copper IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Mon, Jan 23, 2017 - Fri, Jan 27, 2017

Basis of Allotment - Madhav Copper IPO

Details NII Retail Total
Allocation (No. of shares)2,62,4002,62,4005,24,800
Allotment price (Rs.)818181
No.of applications1252,4332,558
No.of shares applied16,12,80038,92,80055,05,600
Amount collected (Rs.cr.)13.06 31.53 44.60
No.of times subscribed6.1514.8410.49
No.of shares allotted1,53,6003,71,2005,24,800
Amount (Rs.cr.)1.24 3.01 4.25
No.of allottees0232232

IPO Shares Offered

Madhav Copper IPO is a public issue of 0.05 Cr equity shares. The issue offers 0.03 Cr shares to retail investors , 0.03 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 Maker28,8000.23 5.20%
Other 2,62,4002.13 47.40%
Retail2,62,4002.13 47.40%
Total5,53,6004.48 100%

IPO Subscription FAQs

The Madhav Copper IPO is subscribed 10.7317 times by Jan 27, 2017 00:00.

Madhav Copper IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional6.3415
Retail Individual15.122
Total Subscription10.7317

Retail category of Madhav Copper IPO subscribed 15.122 times as of date Jan 27, 2017 00:00. The public issue closes on Fri, Jan 27, 2017 for bidding.

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

The Madhav Copper IPO is subscribed 10.7317 times by Jan 27, 2017 00:00.

The Madhav Copper IPO allotment status is expected on or around [.]. Visit Madhav Copper IPO allotment status to check.

The Madhav Copper IPO listing date is February 6, 2017. The equity share of Madhav Copper IPO will list on NSE SME.

Visit Madhav Copper IPO subscription status page for real-time bidding information about Madhav Copper IPO.

Madhav Copper IPO Timetable

IPO opens OnMonday, January 23, 2017
IPO Closes OnFriday, January 27, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, February 6, 2017
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