Mewar Hi-Tech Engineering IPO Subscription Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Fri, Sep 30, 2016 - Thu, Oct 6, 2016

Basis of Allotment - Mewar Hi-Tech Engineering IPO

Details NII Retail Total
Allocation (No. of shares)4,98,0005,04,00010,02,000
Allotment price (Rs.)222222
No.of applications30118148
No.of shares applied10,74,0007,08,00017,82,000
Amount collected (Rs.cr.)2.36 1.56 3.92
No.of times subscribed2.161.401.78
No.of shares allotted4,98,0005,04,00010,02,000
Amount (Rs.cr.)1.10 1.11 2.20
No.of allottees3084114

IPO Shares Offered

Mewar Hi-Tech Engineering 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 Maker60,0000.13 5.65%
Other 4,98,0001.10 46.89%
Retail5,04,0001.11 47.46%
Total10,62,0002.34 100%

IPO Subscription FAQs

The Mewar Hi-Tech Engineering IPO is subscribed 1.7904 times by Oct 06, 2016 00:00.

Mewar Hi-Tech Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.1807
Retail Individual1.4048
Total Subscription1.7904

Retail category of Mewar Hi-Tech Engineering IPO subscribed 1.4048 times as of date Oct 06, 2016 00:00. The public issue closes on Thu, Oct 6, 2016 for bidding.

An investor can apply in Mewar Hi-Tech Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Mewar Hi-Tech Engineering IPO shares are offered online only.

The Mewar Hi-Tech Engineering IPO is subscribed 1.7904 times by Oct 06, 2016 00:00.

The Mewar Hi-Tech Engineering IPO allotment status is expected on or around [.]. Visit Mewar Hi-Tech Engineering IPO allotment status to check.

The Mewar Hi-Tech Engineering IPO listing date is October 17, 2016. The equity share of Mewar Hi-Tech Engineering IPO will list on BSE SME.

Visit Mewar Hi-Tech Engineering IPO subscription status page for real-time bidding information about Mewar Hi-Tech Engineering IPO.

Mewar Hi-Tech Engineering IPO Timetable

IPO opens OnFriday, September 30, 2016
IPO Closes OnThursday, October 6, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, October 17, 2016
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