Marine Electricals IPO Subscription Details

Bookbuilding IPO | ₹43 Cr | Listed at NSE SME | Fri, Sep 28, 2018 - Wed, Oct 3, 2018

Basis of Allotment - Marine Electricals IPO

Category NII Retail Total
Allocation (No. of shares)30,80,00030,80,00061,60,000
Allotment price (Rs.)666666
No.of applications85623708
No.of shares applied52,34,00012,46,00064,80,000
Amount collected (Rs.cr.)34.54 8.22 42.77
No.of times subscribed1.700.401.05
No.of shares allotted49,14,00012,46,00061,60,000
Amount (Rs.cr.)32.43 8.22 40.66
No.of allottees0623623

IPO Shares Offered

Marine Electricals IPO is a public issue of 0.62 Cr equity shares. The issue offers 0.31 Cr shares to retail investors, 0.00 Cr shares to qualified institutional buyers, and 0.31 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,36,0002.22 5.17%
NII 30,80,00020.33 47.41%
Retail30,80,00020.33 47.41%
Total64,96,00042.87 100%

IPO Subscription FAQs

The Marine Electricals IPO is subscribed 1.2302 times by Oct 03, 2018 17:00.

Marine Electricals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.0351
Retail Individual0.4253
Total Subscription1.2302

Retail category of Marine Electricals IPO subscribed 0.4253 times as of date Oct 03, 2018 17:00. The public issue closes on Wed, Oct 3, 2018 for bidding.

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

The Marine Electricals IPO is subscribed 1.2302 times by Oct 03, 2018 17:00.

The Marine Electricals IPO allotment status is expected on or around Monday, October 8, 2018. Visit Marine Electricals IPO allotment status to check.

The Marine Electricals IPO listing date is October 11, 2018. The equity share of Marine Electricals IPO will list on NSE SME.

Visit Marine Electricals IPO subscription status page for real-time bidding information about Marine Electricals IPO.

Marine Electricals IPO Timetable

IPO opens OnFriday, September 28, 2018
IPO Closes OnWednesday, October 3, 2018
Finalisation of Basis of AllotmentMonday, October 8, 2018
Initiation of RefundsTuesday, October 9, 2018
Credit of Shares to Demat AccountWednesday, October 10, 2018
IPO Listing DateThursday, October 11, 2018
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