Nidan Laboratories IPO Subscription Details

Fixed Price IPO | ₹50 Cr | Listed at NSE SME | Thu, Oct 28, 2021 - Tue, Nov 2, 2021

Basis of Allotment - Nidan Laboratories IPO

Details NII Retail Total
Allocation (No. of shares)19,00,00019,00,00038,00,000
Allotment price (Rs.)125125125
No.of applications302,8942,924
No.of shares applied9,06,00028,94,00038,00,000
Amount collected (Rs.cr.)11.33 36.18 47.50
No.of times subscribed0.481.521.00
No.of shares allotted9,06,00028,94,00038,00,000
Amount (Rs.cr.)11.33 36.18 47.50
No.of allottees302,8942,924

IPO Shares Offered

Nidan Laboratories IPO is a public issue of 0.38 Cr equity shares. The issue offers 0.19 Cr shares to retail investors , 0.19 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 Maker2,00,0002.50 5.00%
Other 19,00,00023.75 47.50%
Retail19,00,00023.75 47.50%
Total40,00,00050.00 100%

IPO Subscription FAQs

The Nidan Laboratories IPO is subscribed 1.7963 times by Nov 02, 2021 17:00.

Nidan Laboratories IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.15
Retail Individual3.4426
Total Subscription1.7963

Retail category of Nidan Laboratories IPO subscribed 3.4426 times as of date Nov 02, 2021 17:00. The public issue closes on Tue, Nov 2, 2021 for bidding.

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

The Nidan Laboratories IPO is subscribed 1.7963 times by Nov 02, 2021 17:00.

The Nidan Laboratories IPO allotment status is expected on or around Tuesday, November 9, 2021. Visit Nidan Laboratories IPO allotment status to check.

The Nidan Laboratories IPO listing date is November 12, 2021. The equity share of Nidan Laboratories IPO will list on NSE SME.

Visit Nidan Laboratories IPO subscription status page for real-time bidding information about Nidan Laboratories IPO.

Nidan Laboratories IPO Timetable

IPO opens OnThursday, October 28, 2021
IPO Closes OnTuesday, November 2, 2021
Finalisation of Basis of AllotmentTuesday, November 9, 2021
Initiation of RefundsWednesday, November 10, 2021
Credit of Shares to Demat AccountThursday, November 11, 2021
IPO Listing DateFriday, November 12, 2021
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