Niraj Cement Structurals IPO Subscription Details

Bookbuilding IPO | ₹62 Cr | Listed at BSE | Mon, May 26, 2008 - Fri, May 30, 2008

Basis of Allotment - Niraj Cement Structurals IPO

Category NII Retail Employees Total
Allocation (No. of shares)4,38,75010,23,7503,25,00032,50,000
Allotment price (Rs.)190190190190
No.of applications3412,042212,078
No.of shares applied4,11,39030,61,6501,02034,74,060
Amount collected (Rs.cr.)7.82 58.17 0.02 66.01
No.of times subscribed0.942.990.001.07
No.of shares allotted4,11,39028,37,5901,02032,50,000
Amount (Rs.cr.)7.82 53.91 0.02 61.75
No.of allottees3411,822211,858

IPO Shares Offered

Niraj Cement Structurals IPO is a public issue of 0.33 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.15 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 14,62,50027.79 45.00%
NII 4,38,7508.34 13.50%
Retail10,23,75019.45 31.50%
Employee3,25,0006.18 10.00%
Total32,50,00061.75 100%

IPO Subscription FAQs

The Niraj Cement Structurals IPO is subscribed 1.7405 times by May 30, 2008 17:00.

Niraj Cement Structurals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional0
Non Institutional4.0112
Retail Individual3.8053
Employee Reservations0.0031
Total Subscription1.7405

Retail category of Niraj Cement Structurals IPO subscribed 3.8053 times as of date May 30, 2008 17:00. The public issue closes on Fri, May 30, 2008 for bidding.

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

The Niraj Cement Structurals IPO is subscribed 1.7405 times by May 30, 2008 17:00.

The Niraj Cement Structurals IPO allotment status is expected on or around [.]. Visit Niraj Cement Structurals IPO allotment status to check.

The Niraj Cement Structurals IPO listing date is June 19, 2008. The equity share of Niraj Cement Structurals IPO will list on BSE.

Visit Niraj Cement Structurals IPO subscription status page for real-time bidding information about Niraj Cement Structurals IPO.

Niraj Cement Structurals IPO Timetable

IPO opens OnMonday, May 26, 2008
IPO Closes OnFriday, May 30, 2008
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, June 19, 2008
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