Mehai Technology IPO Subscription Details

Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Mon, Sep 25, 2017 - Thu, Sep 28, 2017

Basis of Allotment - Mehai Technology IPO

Details NII Retail Total
Allocation (No. of shares)7,11,0007,11,00014,22,000
Allotment price (Rs.)404040
No.of applications2585587
No.of shares applied2,37,00017,55,00019,92,000
Amount collected (Rs.cr.)0.95 7.02 7.97
No.of times subscribed0.332.471.40
No.of shares allotted1,68,00012,54,00014,22,000
Amount (Rs.cr.)0.67 5.02 5.69
No.of allottees2418420

IPO Shares Offered

Mehai Technology IPO is a public issue of 0.14 Cr equity shares. The issue offers 0.07 Cr shares to retail investors , 0.07 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 Maker78,0000.31 5.20%
Other 7,11,0002.84 47.40%
Retail7,11,0002.84 47.40%
Total15,00,0006.00 100%

IPO Subscription FAQs

The Mehai Technology IPO is subscribed 1.73 times by Sep 28, 2017 17:00.

Mehai Technology IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.8608
Retail Individual2.5992
Total Subscription1.73

Retail category of Mehai Technology IPO subscribed 2.5992 times as of date Sep 28, 2017 17:00. The public issue closes on Thu, Sep 28, 2017 for bidding.

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

The Mehai Technology IPO is subscribed 1.73 times by Sep 28, 2017 17:00.

The Mehai Technology IPO allotment status is expected on or around [.]. Visit Mehai Technology IPO allotment status to check.

The Mehai Technology IPO listing date is October 9, 2017. The equity share of Mehai Technology IPO will list on BSE SME.

Visit Mehai Technology IPO subscription status page for real-time bidding information about Mehai Technology IPO.

Mehai Technology IPO Timetable

IPO opens OnMonday, September 25, 2017
IPO Closes OnThursday, September 28, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, October 9, 2017
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