MMP Industries IPO Subscription Details

Bookbuilding IPO | ₹85 Cr | Listed at NSE SME | Wed, Mar 28, 2018 - Wed, Apr 4, 2018

Basis of Allotment - MMP Industries IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,55,00012,82,50021,37,5006,41,25014,96,25042,75,000
Allotment price (Rs.)188188188188188188
No.of applications426412,7862,833
No.of shares applied10,61,40012,81,60023,43,0006,41,40016,71,60046,56,000
Amount collected (Rs.cr.)19.95 24.09 44.05 12.06 31.43 87.53
No.of times subscribed1.241.001.101.001.121.09
No.of shares allotted8,55,60012,81,60021,37,2006,41,40014,96,40042,75,000
Amount (Rs.cr.)16.09 24.09 40.18 12.06 28.13 80.37
No.of allottees426412,4942,541

IPO Shares Offered

MMP Industries IPO is a public issue of 0.43 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,25,0004.23 5.00%
QIB 21,37,50040.19 47.50%
    Anchor 12,82,500 24.11 28.50%
    QIB (Ex Anchor) 8,55,000 16.07 19.00%
NII 6,41,25012.06 14.25%
Retail14,96,25028.13 33.25%
Total45,00,00084.60 100%

MMP Industries IPO Anchor Investor Allocation

A total of 12,81,600 shares at a price of Rs 188 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 27, 2018
Anchor investor price₹188.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days6,41,250
No. of shares locked-in for 90 days6,41,250
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 RAISONNEUR CAPITAL LTD. RAISONNEUR CAPITAL 2,67,000 5.02 20.83 5.93
2 VANTAGE EQUITY FUND VANTAGE 10,14,600 19.07 79.17 22.55
12,81,60024.0910028.48

IPO Subscription FAQs

The MMP Industries IPO is subscribed 0.7816 times by Apr 04, 2018 17:00.

MMP Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.2414
Non Institutional1.3549
Retail Individual0.9432
Total Subscription0.7816

Retail category of MMP Industries IPO subscribed 0.9432 times as of date Apr 04, 2018 17:00. The public issue closes on Wed, Apr 4, 2018 for bidding.

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

The MMP Industries IPO is subscribed 0.7816 times by Apr 04, 2018 17:00.

The MMP Industries IPO allotment status is expected on or around Monday, April 9, 2018. Visit MMP Industries IPO allotment status to check.

The MMP Industries IPO listing date is April 12, 2018. The equity share of MMP Industries IPO will list on NSE SME.

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

MMP Industries IPO Timetable

IPO opens OnWednesday, March 28, 2018
IPO Closes OnWednesday, April 4, 2018
Finalisation of Basis of AllotmentMonday, April 9, 2018
Initiation of RefundsWednesday, April 11, 2018
Credit of Shares to Demat AccountTuesday, April 10, 2018
IPO Listing DateThursday, April 12, 2018
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