Magson Retail IPO Subscription Details

Fixed Price IPO | ₹14 Cr | Listed at NSE SME | Fri, Jun 23, 2023 - Tue, Jun 27, 2023

Basis of Allotment - Magson Retail IPO

Details NII Retail Total
Allocation (No. of shares)10,04,00010,04,00020,08,000
Allotment price (Rs.)656565
No.of applications3423,6223,964
No.of shares applied60,86,00072,44,0001,33,30,000
Amount collected (Rs.cr.)39.56 47.09 86.65
No.of times subscribed6.067.226.64
No.of shares allotted9,16,00010,92,00020,08,000
Amount (Rs.cr.)5.95 7.10 13.05
No.of allottees204546750

IPO Shares Offered

Magson Retail IPO is a public issue of 0.20 Cr equity shares. The issue offers 0.10 Cr shares to retail investors , 0.10 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 Maker1,06,0000.69 5.01%
Other* 10,04,0006.53 47.49%
Retail10,04,0006.53 47.49%
Total21,14,00013.74 100%

IPO Subscription FAQs

The Magson Retail IPO is subscribed 6.74 times by Jun 27, 2023 19:29.

Magson Retail IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional6.09
Retail Individual7.38
Total Subscription6.74

Retail category of Magson Retail IPO subscribed 7.38 times as of date Jun 27, 2023 19:29. The public issue closes on Tue, Jun 27, 2023 for bidding.

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

The Magson Retail IPO is subscribed 6.74 times by Jun 27, 2023 19:29.

The Magson Retail IPO allotment status is expected on or around Monday, July 3, 2023. Visit Magson Retail IPO allotment status to check.

The Magson Retail IPO listing date is July 6, 2023. The equity share of Magson Retail IPO will list on NSE SME.

Visit Magson Retail IPO subscription status page for real-time bidding information about Magson Retail IPO.

Magson Retail IPO Timetable

IPO opens OnFriday, June 23, 2023
IPO Closes OnTuesday, June 27, 2023
Finalisation of Basis of AllotmentMonday, July 3, 2023
Initiation of RefundsTuesday, July 4, 2023
Credit of Shares to Demat AccountWednesday, July 5, 2023
IPO Listing DateThursday, July 6, 2023
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