Maks Energy Solutions IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Fri, Sep 16, 2022 - Tue, Sep 20, 2022

Basis of Allotment - Maks Energy Solutions IPO

Details NII Retail Total
Allocation (No. of shares)9,48,0009,48,00018,96,000
Allotment price (Rs.)202020
No.of applications2052,5432,748
No.of shares applied3,41,64,0001,52,58,0004,94,22,000
Amount collected (Rs.cr.)68.33 30.52 98.84
No.of times subscribed36.0416.0926.07
No.of shares allotted9,48,0009,48,00018,96,000
Amount (Rs.cr.)1.90 1.90 3.79
No.of allottees85158243

IPO Shares Offered

Maks Energy Solutions IPO is a public issue of 0.19 Cr equity shares. The issue offers 0.09 Cr shares to retail investors , 0.09 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 Maker1,02,0000.20 5.11%
Other 9,48,0001.90 47.45%
Retail9,48,0001.90 47.45%
Total19,98,0004.00 100%

IPO Subscription FAQs

The Maks Energy Solutions IPO is subscribed 26.3133 times by Sep 20, 2022 19:00.

Maks Energy Solutions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional36.1962
Retail Individual16.4304
Total Subscription26.3133

Retail category of Maks Energy Solutions IPO subscribed 16.4304 times as of date Sep 20, 2022 19:00. The public issue closes on Tue, Sep 20, 2022 for bidding.

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

The Maks Energy Solutions IPO is subscribed 26.3133 times by Sep 20, 2022 19:00.

The Maks Energy Solutions IPO allotment status is expected on or around Friday, September 23, 2022. Visit Maks Energy Solutions IPO allotment status to check.

The Maks Energy Solutions IPO listing date is September 28, 2022. The equity share of Maks Energy Solutions IPO will list on NSE SME.

Visit Maks Energy Solutions IPO subscription status page for real-time bidding information about Maks Energy Solutions IPO.

Maks Energy Solutions IPO Timetable

IPO opens OnFriday, September 16, 2022
IPO Closes OnTuesday, September 20, 2022
Finalisation of Basis of AllotmentFriday, September 23, 2022
Initiation of RefundsMonday, September 26, 2022
Credit of Shares to Demat AccountMonday, September 26, 2022
IPO Listing DateWednesday, September 28, 2022
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