Meson Valves IPO Subscription Details

Fixed Price IPO | ₹31 Cr | Listed at BSE SME | Fri, Sep 8, 2023 - Tue, Sep 12, 2023

Basis of Allotment - Meson Valves IPO

Details NII Retail Total
Allocation (No. of shares)14,46,00014,46,00028,92,000
Allotment price (Rs.)102102102
No.of applications12,8522,44,4972,57,349
No.of shares applied20,73,88,80029,33,96,40050,07,85,200
Amount collected (Rs.cr.)2,115.37 2,992.64 5,108.01
No.of times subscribed143.42202.90173.16
No.of shares allotted11,96,40016,95,60028,92,000
Amount (Rs.cr.)12.20 17.30 29.50
No.of allottees01,4131,413

IPO Shares Offered

Meson Valves IPO is a public issue of 0.29 Cr equity shares. The issue offers 0.14 Cr shares to retail investors , 0.14 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 Maker1,56,0001.59 5.12%
Other* 14,46,00014.75 47.44%
Retail14,46,00014.75 47.44%
Total30,48,00031.09 100%

IPO Subscription FAQs

The Meson Valves IPO is subscribed 173.65 times by Sep 12, 2023 19:02.

Meson Valves IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional132.74
Retail Individual203.02
Total Subscription173.65

Retail category of Meson Valves IPO subscribed 203.02 times as of date Sep 12, 2023 19:02. The public issue closes on Tue, Sep 12, 2023 for bidding.

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

The Meson Valves IPO is subscribed 173.65 times by Sep 12, 2023 19:02.

The Meson Valves IPO allotment status is expected on or around Friday, September 15, 2023. Visit Meson Valves IPO allotment status to check.

The Meson Valves IPO listing date is September 21, 2023. The equity share of Meson Valves IPO will list on BSE SME.

Visit Meson Valves IPO subscription status page for real-time bidding information about Meson Valves IPO.

Meson Valves IPO Timetable

IPO opens OnFriday, September 8, 2023
IPO Closes OnTuesday, September 12, 2023
Finalisation of Basis of AllotmentFriday, September 15, 2023
Initiation of RefundsMonday, September 18, 2023
Credit of Shares to Demat AccountWednesday, September 20, 2023
IPO Listing DateThursday, September 21, 2023
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