Palm Jewels IPO Subscription Details

Fixed Price IPO | ₹9 Cr | Listed at BSE SME | Fri, May 25, 2018 - Mon, Jun 4, 2018

Basis of Allotment - Palm Jewels IPO

Details NII Retail Total
Allocation (No. of shares)14,08,00014,08,00028,16,000
Allotment price (Rs.)303030
No.of applications7519526
No.of shares applied8,68,00020,76,00029,44,000
Amount collected (Rs.cr.)2.60 6.23 8.83
No.of times subscribed0.621.471.05
No.of shares allotted8,28,00019,88,00028,16,000
Amount (Rs.cr.)2.48 5.96 8.45
No.of allottees7497504

IPO Shares Offered

Palm Jewels IPO is a public issue of 0.28 Cr equity shares. The issue offers 0.14 Cr shares to retail investors , 0.14 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 Maker1,52,0000.46 5.12%
Other 14,08,0004.22 47.44%
Retail14,08,0004.22 47.44%
Total29,68,0008.90 100%

IPO Subscription FAQs

The Palm Jewels IPO is subscribed 1.1591 times by Jun 04, 2018 17:00.

Palm Jewels IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.8182
Retail Individual1.5
Total Subscription1.1591

Retail category of Palm Jewels IPO subscribed 1.5 times as of date Jun 04, 2018 17:00. The public issue closes on Mon, Jun 4, 2018 for bidding.

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

The Palm Jewels IPO is subscribed 1.1591 times by Jun 04, 2018 17:00.

The Palm Jewels IPO allotment status is expected on or around Wednesday, June 6, 2018. Visit Palm Jewels IPO allotment status to check.

The Palm Jewels IPO listing date is June 12, 2018. The equity share of Palm Jewels IPO will list on BSE SME.

Visit Palm Jewels IPO subscription status page for real-time bidding information about Palm Jewels IPO.

Palm Jewels IPO Timetable

IPO opens OnFriday, May 25, 2018
IPO Closes OnMonday, June 4, 2018
Finalisation of Basis of AllotmentWednesday, June 6, 2018
Initiation of RefundsThursday, June 7, 2018
Credit of Shares to Demat AccountThursday, June 7, 2018
IPO Listing DateTuesday, June 12, 2018
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