Meera Industries IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Thu, Apr 27, 2017 - Thu, May 4, 2017

Basis of Allotment - Meera Industries IPO

Details NII Retail Total
Allocation (No. of shares)5,10,0005,10,00010,20,000
Allotment price (Rs.)363636
No.of applications612,7042,765
No.of shares applied11,67,00081,12,00092,79,000
Amount collected (Rs.cr.)4.20 29.20 33.40
No.of times subscribed2.2915.919.10
No.of shares allotted1,26,0008,94,00010,20,000
Amount (Rs.cr.)0.45 3.22 3.67
No.of allottees29298327

IPO Shares Offered

Meera Industries IPO is a public issue of 0.10 Cr equity shares. The issue offers 0.05 Cr shares to retail investors , 0.05 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 Maker60,0000.22 5.56%
Other 5,10,0001.84 47.22%
Retail5,10,0001.84 47.22%
Total10,80,0003.89 100%

IPO Subscription FAQs

The Meera Industries IPO is subscribed 9.2735 times by May 04, 2017 00:00.

Meera Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.3059
Retail Individual16.2412
Total Subscription9.2735

Retail category of Meera Industries IPO subscribed 16.2412 times as of date May 04, 2017 00:00. The public issue closes on Thu, May 4, 2017 for bidding.

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

The Meera Industries IPO is subscribed 9.2735 times by May 04, 2017 00:00.

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

The Meera Industries IPO listing date is May 15, 2017. The equity share of Meera Industries IPO will list on BSE SME.

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

Meera Industries IPO Timetable

IPO opens OnThursday, April 27, 2017
IPO Closes OnThursday, May 4, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, May 15, 2017
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