Milestone Furniture IPO Subscription Details

Fixed Price IPO | ₹15 Cr | Listed at BSE SME | Mon, May 7, 2018 - Fri, May 11, 2018

Basis of Allotment - Milestone Furniture IPO

Details NII Retail Total
Allocation (No. of shares)15,66,00015,66,00031,32,000
Allotment price (Rs.)454545
No.of applications43,4543,458
No.of shares applied11,34,0001,03,62,0001,14,96,000
Amount collected (Rs.cr.)5.10 46.63 51.73
No.of times subscribed0.726.623.67
No.of shares allotted3,06,00028,26,00031,32,000
Amount (Rs.cr.)1.38 12.72 14.09
No.of allottees3942945

IPO Shares Offered

Milestone Furniture IPO is a public issue of 0.31 Cr equity shares. The issue offers 0.16 Cr shares to retail investors , 0.16 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 Maker1,65,0000.74 5.00%
Other 15,66,0007.05 47.50%
Retail15,66,0007.05 47.50%
Total32,97,00014.84 100%

IPO Subscription FAQs

The Milestone Furniture IPO is subscribed 3.6973 times by May 11, 2018 00:00.

Milestone Furniture IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.7241
Retail Individual6.6705
Total Subscription3.6973

Retail category of Milestone Furniture IPO subscribed 6.6705 times as of date May 11, 2018 00:00. The public issue closes on Fri, May 11, 2018 for bidding.

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

The Milestone Furniture IPO is subscribed 3.6973 times by May 11, 2018 00:00.

The Milestone Furniture IPO allotment status is expected on or around Wednesday, May 16, 2018. Visit Milestone Furniture IPO allotment status to check.

The Milestone Furniture IPO listing date is May 21, 2018. The equity share of Milestone Furniture IPO will list on BSE SME.

Visit Milestone Furniture IPO subscription status page for real-time bidding information about Milestone Furniture IPO.

Milestone Furniture IPO Timetable

IPO opens OnMonday, May 7, 2018
IPO Closes OnFriday, May 11, 2018
Finalisation of Basis of AllotmentWednesday, May 16, 2018
Initiation of RefundsThursday, May 17, 2018
Credit of Shares to Demat AccountFriday, May 18, 2018
IPO Listing DateMonday, May 21, 2018
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