Newmalayalam Steel IPO Subscription Details

Bookbuilding IPO | ₹42 Cr | Listed at NSE SME | Thu, Dec 19, 2024 - Mon, Dec 23, 2024

Basis of Allotment - Newmalayalam Steel IPO

Category QIB NII Retail Total
Allocation (No. of shares)4,41,60019,80,80019,84,00044,06,400
Allotment price (Rs.)90909090
No.of applications28,5561,08,1171,16,675
No.of shares applied5,18,4004,86,72,00017,29,87,20022,21,77,600
Amount collected (Rs.cr.)4.67 438.05 1,556.88 1,999.60
No.of times subscribed1.1724.5787.1950.42
No.of shares allotted4,41,60019,80,80019,84,00044,06,400
Amount (Rs.cr.)3.97 17.83 17.86 39.66
No.of allottees29751,2402,217

IPO Shares Offered

Newmalayalam Steel IPO is a public issue of 0.44 Cr equity shares. The issue offers 0.20 Cr shares to retail investors, 0.04 Cr shares to qualified institutional buyers, and 0.20 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,33,6002.10 5.03%
QIB 4,41,6003.97 9.52%
NII* 19,80,80017.83 42.69%
Retail19,84,00017.86 42.76%
Total46,40,00041.76 100%

IPO Subscription FAQs

The Newmalayalam Steel IPO is subscribed 50.6855 times by Dec 23, 2024 18:19.

Newmalayalam Steel IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.2645
Non Institutional24.6268
Retail Individual87.7024
Total Subscription50.6855

Retail category of Newmalayalam Steel IPO subscribed 87.7024 times as of date Dec 23, 2024 18:19. The public issue closes on Mon, Dec 23, 2024 for bidding.

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

The Newmalayalam Steel IPO is subscribed 50.6855 times by Dec 23, 2024 18:19.

The Newmalayalam Steel IPO allotment status is expected on or around Tuesday, December 24, 2024. Visit Newmalayalam Steel IPO allotment status to check.

The Newmalayalam Steel IPO listing date is December 27, 2024. The equity share of Newmalayalam Steel IPO will list on NSE SME.

Visit Newmalayalam Steel IPO subscription status page for real-time bidding information about Newmalayalam Steel IPO.

Newmalayalam Steel IPO Timetable

IPO opens OnThursday, December 19, 2024
IPO Closes OnMonday, December 23, 2024
Finalisation of Basis of AllotmentTuesday, December 24, 2024
Initiation of RefundsThursday, December 26, 2024
Credit of Shares to Demat AccountThursday, December 26, 2024
IPO Listing DateFriday, December 27, 2024
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