MCON Rasayan IPO Subscription Details

Fixed Price IPO | ₹7 Cr | Listed at NSE SME | Mon, Mar 6, 2023 - Fri, Mar 10, 2023

Basis of Allotment - MCON Rasayan IPO

Details NII Retail Total
Allocation (No. of shares)8,10,0008,10,00016,20,000
Allotment price (Rs.)404040
No.of applications5,9541,20,6651,26,619
No.of shares applied25,36,35,00036,19,95,00061,56,30,000
Amount collected (Rs.cr.)1,014.54 1,447.98 2,462.52
No.of times subscribed313.13446.91380.02
No.of shares allotted6,66,0009,54,00016,20,000
Amount (Rs.cr.)2.66 3.82 6.48
No.of allottees0318318

IPO Shares Offered

MCON Rasayan IPO is a public issue of 0.16 Cr equity shares. The issue offers 0.08 Cr shares to retail investors , 0.08 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 Maker90,0000.36 5.26%
Other 8,10,0003.24 47.37%
Retail8,10,0003.24 47.37%
Total17,10,0006.84 100%

IPO Subscription FAQs

The MCON Rasayan IPO is subscribed 384.64 times by Mar 10, 2023 19:58.

MCON Rasayan IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional307.09
Retail Individual453.41
Total Subscription384.64

Retail category of MCON Rasayan IPO subscribed 453.41 times as of date Mar 10, 2023 19:58. The public issue closes on Fri, Mar 10, 2023 for bidding.

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

The MCON Rasayan IPO is subscribed 384.64 times by Mar 10, 2023 19:58.

The MCON Rasayan IPO allotment status is expected on or around Wednesday, March 15, 2023. Visit MCON Rasayan IPO allotment status to check.

The MCON Rasayan IPO listing date is March 20, 2023. The equity share of MCON Rasayan IPO will list on NSE SME.

Visit MCON Rasayan IPO subscription status page for real-time bidding information about MCON Rasayan IPO.

MCON Rasayan IPO Timetable

IPO opens OnMonday, March 6, 2023
IPO Closes OnFriday, March 10, 2023
Finalisation of Basis of AllotmentWednesday, March 15, 2023
Initiation of RefundsThursday, March 16, 2023
Credit of Shares to Demat AccountFriday, March 17, 2023
IPO Listing DateMonday, March 20, 2023
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