Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Thu, Sep 1, 2016 - Tue, Sep 6, 2016
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 17,04,000 | 17,08,000 | 34,12,000 |
| Allotment price (Rs.) | 32 | 32 | 32 |
| No.of applications | 25 | 503 | 528 |
| No.of shares applied | 28,92,000 | 20,12,000 | 49,04,000 |
| Amount collected (Rs.cr.) | 9.25 | 6.44 | 15.69 |
| No.of times subscribed | 1.70 | 1.18 | 1.44 |
| No.of shares allotted | 17,04,000 | 17,08,000 | 34,12,000 |
| Amount (Rs.cr.) | 5.45 | 5.47 | 10.92 |
| No.of allottees | 25 | 427 | 452 |
Narayani Steels IPO is a public issue of 0.34 Cr equity shares. The issue offers 0.17 Cr shares to retail investors , 0.17 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 | 1,88,000 | 0.60 | 5.22% |
| Other | 17,04,000 | 5.45 | 47.33% |
| Retail | 17,08,000 | 5.47 | 47.44% |
| Total | 36,00,000 | 11.52 | 100% |
The Narayani Steels IPO is subscribed 1.4572 times by Sep 06, 2016 00:00.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 1.7183 |
| Retail Individual | 1.1967 |
| Total Subscription | 1.4572 |
An investor can apply in Narayani Steels IPO online via bank (using ASBA) or the broker (using UPI). The Narayani Steels IPO shares are offered online only.
The Narayani Steels IPO is subscribed 1.4572 times by Sep 06, 2016 00:00.
The Narayani Steels IPO allotment status is expected on or around [.]. Visit Narayani Steels IPO allotment status to check.
The Narayani Steels IPO listing date is September 14, 2016. The equity share of Narayani Steels IPO will list on BSE SME.
Visit Narayani Steels IPO subscription status page for real-time bidding information about Narayani Steels IPO.
| IPO opens On | Thursday, September 1, 2016 |
| IPO Closes On | Tuesday, September 6, 2016 |
| Finalisation of Basis of Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat Account | [.] |
| IPO Listing Date | Wednesday, September 14, 2016 |
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