Marco Cables IPO Subscription Details

Fixed Price IPO | ₹19 Cr | Listed at NSE SME | Thu, Sep 21, 2023 - Mon, Sep 25, 2023

Basis of Allotment - Marco Cables IPO

Details NII Retail Total
Allocation (No. of shares)24,57,00024,57,00049,14,000
Allotment price (Rs.)363636
No.of applications2,92728,44131,368
No.of shares applied5,80,32,0008,53,23,00014,33,55,000
Amount collected (Rs.cr.)208.92 307.16 516.08
No.of times subscribed23.6234.7329.17
No.of shares allotted19,89,00029,25,00049,14,000
Amount (Rs.cr.)7.16 10.53 17.69
No.of allottees0975975

IPO Shares Offered

Marco Cables 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 Maker2,88,0001.04 5.54%
Other* 24,57,0008.85 47.23%
Retail24,57,0008.85 47.23%
Total52,02,00018.73 100%

IPO Subscription FAQs

The Marco Cables IPO is subscribed 30.9 times by Sep 25, 2023 19:29.

Marco Cables IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional24.36
Retail Individual35.24
Total Subscription30.9

Retail category of Marco Cables IPO subscribed 35.24 times as of date Sep 25, 2023 19:29. The public issue closes on Mon, Sep 25, 2023 for bidding.

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

The Marco Cables IPO is subscribed 30.9 times by Sep 25, 2023 19:29.

The Marco Cables IPO allotment status is expected on or around Thursday, September 28, 2023. Visit Marco Cables IPO allotment status to check.

The Marco Cables IPO listing date is September 28, 2023. The equity share of Marco Cables IPO will list on NSE SME.

Visit Marco Cables IPO subscription status page for real-time bidding information about Marco Cables IPO.

Marco Cables IPO Timetable

IPO opens OnThursday, September 21, 2023
IPO Closes OnMonday, September 25, 2023
Finalisation of Basis of AllotmentThursday, September 28, 2023
Initiation of RefundsFriday, September 29, 2023
Credit of Shares to Demat AccountTuesday, October 3, 2023
IPO Listing DateThursday, September 28, 2023
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