Polysil Irrigation Systems IPO Subscription Details

Fixed Price IPO | ₹17 Cr | Listed at NSE SME | Thu, Feb 8, 2024 - Tue, Feb 13, 2024

Basis of Allotment - Polysil Irrigation Systems IPO

Details NII Retail Total
Allocation (No. of shares)15,32,00015,32,00030,64,000
Allotment price (Rs.)545454
No.of applications52310,01510,538
No.of shares applied31,64,0002,00,30,0002,31,94,000
Amount collected (Rs.cr.)17.09 108.16 125.25
No.of times subscribed2.0713.077.57
No.of shares allotted4,16,00026,48,00030,64,000
Amount (Rs.cr.)2.25 14.30 16.55
No.of allottees1831,3241,507

IPO Shares Offered

Polysil Irrigation Systems IPO is a public issue of 0.31 Cr equity shares. The issue offers 0.15 Cr shares to retail investors , 0.15 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 Maker1,64,0000.89 5.08%
Other* 15,32,0008.27 47.46%
Retail15,32,0008.27 47.46%
Total32,28,00017.43 100%

IPO Subscription FAQs

The Polysil Irrigation Systems IPO is subscribed 6.88 times by Feb 13, 2024 18:20.

Polysil Irrigation Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.12
Retail Individual11.62
Total Subscription6.88

Retail category of Polysil Irrigation Systems IPO subscribed 11.62 times as of date Feb 13, 2024 18:20. The public issue closes on Tue, Feb 13, 2024 for bidding.

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

The Polysil Irrigation Systems IPO is subscribed 6.88 times by Feb 13, 2024 18:20.

The Polysil Irrigation Systems IPO allotment status is expected on or around Wednesday, February 14, 2024. Visit Polysil Irrigation Systems IPO allotment status to check.

The Polysil Irrigation Systems IPO listing date is February 16, 2024. The equity share of Polysil Irrigation Systems IPO will list on NSE SME.

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

Polysil Irrigation Systems IPO Timetable

IPO opens OnThursday, February 8, 2024
IPO Closes OnTuesday, February 13, 2024
Finalisation of Basis of AllotmentWednesday, February 14, 2024
Initiation of RefundsThursday, February 15, 2024
Credit of Shares to Demat AccountThursday, February 15, 2024
IPO Listing DateFriday, February 16, 2024
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