Newever Trade Wings IPO Subscription Details

Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Mon, Sep 30, 2013 - Thu, Oct 3, 2013

Basis of Allotment - Newever Trade Wings IPO

Details NII Retail Total
Allocation (No. of shares)30,00,00030,00,00060,00,000
Allotment price (Rs.)101010
No.of applications57381438
No.of shares applied37,90,00046,60,00084,50,000
Amount collected (Rs.cr.)3.79 4.66 8.45
No.of times subscribed1.261.551.41
No.of shares allotted26,90,00033,10,00060,00,000
Amount (Rs.cr.)2.69 3.31 6.00
No.of allottees57331388

IPO Shares Offered

Newever Trade Wings IPO is a public issue of 0.60 Cr equity shares. The issue offers 0.30 Cr shares to retail investors , 0.30 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 Maker3,20,0000.32 5.06%
Other 30,00,0003.00 47.47%
Retail30,00,0003.00 47.47%
Total63,20,0006.32 100%

IPO Subscription FAQs

The Newever Trade Wings IPO is subscribed 1.4833 times by Oct 03, 2013 00:00.

Newever Trade Wings IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.2633
Retail Individual1.7033
Total Subscription1.4833

Retail category of Newever Trade Wings IPO subscribed 1.7033 times as of date Oct 03, 2013 00:00. The public issue closes on Thu, Oct 3, 2013 for bidding.

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

The Newever Trade Wings IPO is subscribed 1.4833 times by Oct 03, 2013 00:00.

The Newever Trade Wings IPO allotment status is expected on or around [.]. Visit Newever Trade Wings IPO allotment status to check.

The Newever Trade Wings IPO listing date is October 17, 2013. The equity share of Newever Trade Wings IPO will list on BSE SME.

Visit Newever Trade Wings IPO subscription status page for real-time bidding information about Newever Trade Wings IPO.

Newever Trade Wings IPO Timetable

IPO opens OnMonday, September 30, 2013
IPO Closes OnThursday, October 3, 2013
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, October 17, 2013
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