Northern Spirits IPO Subscription Details

Fixed Price IPO | ₹18 Cr | Listed at BSE SME | Fri, Mar 22, 2019 - Wed, Mar 27, 2019

Basis of Allotment - Northern Spirits IPO

Details NII Retail Total
Allocation (No. of shares)20,43,00020,43,00040,86,000
Allotment price (Rs.)434343
No.of applications82510592
No.of shares applied33,78,00015,30,00049,08,000
Amount collected (Rs.cr.)14.53 6.58 21.10
No.of times subscribed1.650.751.20
No.of shares allotted25,56,00015,30,00040,86,000
Amount (Rs.cr.)10.99 6.58 17.57
No.of allottees82510592

IPO Shares Offered

Northern Spirits IPO is a public issue of 0.41 Cr equity shares. The issue offers 0.20 Cr shares to retail investors , 0.20 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 Maker2,16,0000.93 5.02%
Other 20,43,0008.78 47.49%
Retail20,43,0008.78 47.49%
Total43,02,00018.50 100%

IPO Subscription FAQs

The Northern Spirits IPO is subscribed 1.3032 times by Mar 27, 2019 18:49.

Northern Spirits IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.8253
Retail Individual0.7812
Total Subscription1.3032

Retail category of Northern Spirits IPO subscribed 0.7812 times as of date Mar 27, 2019 18:49. The public issue closes on Wed, Mar 27, 2019 for bidding.

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

The Northern Spirits IPO is subscribed 1.3032 times by Mar 27, 2019 18:49.

The Northern Spirits IPO allotment status is expected on or around [.]. Visit Northern Spirits IPO allotment status to check.

The Northern Spirits IPO listing date is April 4, 2019. The equity share of Northern Spirits IPO will list on BSE SME.

Visit Northern Spirits IPO subscription status page for real-time bidding information about Northern Spirits IPO.

Northern Spirits IPO Timetable

IPO opens OnFriday, March 22, 2019
IPO Closes OnWednesday, March 27, 2019
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, April 4, 2019
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