Mahip Industries IPO Subscription Details

Fixed Price IPO | ₹17 Cr | Listed at BSE SME | Tue, Feb 26, 2019 - Fri, Mar 1, 2019

Basis of Allotment - Mahip Industries IPO

Details NII Retail Total
Allocation (No. of shares)24,68,00024,68,00049,36,000
Allotment price (Rs.)323232
No.of applications17906923
No.of shares applied33,64,00036,24,00069,88,000
Amount collected (Rs.cr.)10.76 11.60 22.36
No.of times subscribed1.361.471.42
No.of shares allotted23,76,00025,60,00049,36,000
Amount (Rs.cr.)7.60 8.19 15.80
No.of allottees17640657

IPO Shares Offered

Mahip Industries IPO is a public issue of 0.49 Cr equity shares. The issue offers 0.25 Cr shares to retail investors , 0.25 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 Maker2,60,0000.83 5.00%
Other 24,68,0007.90 47.50%
Retail24,68,0007.90 47.50%
Total51,96,00016.63 100%

IPO Subscription FAQs

The Mahip Industries IPO is subscribed 1.5373 times by Mar 01, 2019 19:49.

Mahip Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.5316
Retail Individual1.5429
Total Subscription1.5373

Retail category of Mahip Industries IPO subscribed 1.5429 times as of date Mar 01, 2019 19:49. The public issue closes on Fri, Mar 1, 2019 for bidding.

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

The Mahip Industries IPO is subscribed 1.5373 times by Mar 01, 2019 19:49.

The Mahip Industries IPO allotment status is expected on or around [.]. Visit Mahip Industries IPO allotment status to check.

The Mahip Industries IPO listing date is March 12, 2019. The equity share of Mahip Industries IPO will list on BSE SME.

Visit Mahip Industries IPO subscription status page for real-time bidding information about Mahip Industries IPO.

Mahip Industries IPO Timetable

IPO opens OnTuesday, February 26, 2019
IPO Closes OnFriday, March 1, 2019
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateTuesday, March 12, 2019
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