Fixed Price IPO | ₹23 Cr | Listed at BSE SME | Thu, Jun 23, 2022 - Tue, Jun 28, 2022
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 5,96,000 | 5,96,000 | 11,92,000 |
| Allotment price (Rs.) | 180 | 180 | 180 |
| No.of applications | 103 | 675 | 778 |
| No.of shares applied | 11,96,000 | 5,40,000 | 17,36,000 |
| Amount collected (Rs.cr.) | 21.53 | 9.72 | 31.25 |
| No.of times subscribed | 2.01 | 0.91 | 1.46 |
| No.of shares allotted | 6,52,000 | 5,40,000 | 11,92,000 |
| Amount (Rs.cr.) | 11.74 | 9.72 | 21.46 |
| No.of allottees | 0 | 675 | 675 |
Modi's Navnirman IPO is a public issue of 0.12 Cr equity shares. The issue offers 0.06 Cr shares to retail investors , 0.06 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 68,000 | 1.22 | 5.40% |
| Other | 5,96,000 | 10.73 | 47.30% |
| Retail | 5,96,000 | 10.73 | 47.30% |
| Total | 12,60,000 | 22.68 | 100% |
The Modi's Navnirman IPO is subscribed 1.9926 times by Jun 28, 2022 19:53.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 2.7638 |
| Retail Individual | 1.2215 |
| Total Subscription | 1.9926 |
An investor can apply in Modi's Navnirman IPO online via bank (using ASBA) or the broker (using UPI). The Modi's Navnirman IPO shares are offered online only.
The Modi's Navnirman IPO is subscribed 1.9926 times by Jun 28, 2022 19:53.
The Modi's Navnirman IPO allotment status is expected on or around Friday, July 1, 2022. Visit Modi's Navnirman IPO allotment status to check.
The Modi's Navnirman IPO listing date is July 6, 2022. The equity share of Modi's Navnirman IPO will list on BSE SME.
Visit Modi's Navnirman IPO subscription status page for real-time bidding information about Modi's Navnirman IPO.
| IPO opens On | Thursday, June 23, 2022 |
| IPO Closes On | Tuesday, June 28, 2022 |
| Finalisation of Basis of Allotment | Friday, July 1, 2022 |
| Initiation of Refunds | Monday, July 4, 2022 |
| Credit of Shares to Demat Account | Tuesday, July 5, 2022 |
| IPO Listing Date | Wednesday, July 6, 2022 |
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