Nintec Systems IPO Subscription Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Tue, Mar 29, 2016 - Wed, Apr 6, 2016

Basis of Allotment - Nintec Systems IPO

Details NII Retail Total
Allocation (No. of shares)8,90,0008,90,00017,80,000
Allotment price (Rs.)101010
No.of applications16182198
No.of shares applied12,40,00019,70,00032,10,000
Amount collected (Rs.cr.)1.24 1.97 3.21
No.of times subscribed1.392.211.80
No.of shares allotted6,80,00011,00,00017,80,000
Amount (Rs.cr.)0.68 1.10 1.78
No.of allottees16110126

IPO Shares Offered

Nintec Systems IPO is a public issue of 0.18 Cr equity shares. The issue offers 0.09 Cr shares to retail investors , 0.09 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 Maker1,00,0000.10 5.32%
Other 8,90,0000.89 47.34%
Retail8,90,0000.89 47.34%
Total18,80,0001.88 100%

IPO Subscription FAQs

The Nintec Systems IPO is subscribed 1.809 times by Apr 06, 2016 00:00.

Nintec Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.3933
Retail Individual2.2247
Total Subscription1.809

Retail category of Nintec Systems IPO subscribed 2.2247 times as of date Apr 06, 2016 00:00. The public issue closes on Wed, Apr 6, 2016 for bidding.

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

The Nintec Systems IPO is subscribed 1.809 times by Apr 06, 2016 00:00.

The Nintec Systems IPO allotment status is expected on or around [.]. Visit Nintec Systems IPO allotment status to check.

The Nintec Systems IPO listing date is April 18, 2016. The equity share of Nintec Systems IPO will list on BSE SME.

Visit Nintec Systems IPO subscription status page for real-time bidding information about Nintec Systems IPO.

Nintec Systems IPO Timetable

IPO opens OnTuesday, March 29, 2016
IPO Closes OnWednesday, April 6, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, April 18, 2016
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