Ranjeet Mechatronics IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Wed, Sep 12, 2018 - Mon, Sep 17, 2018

Basis of Allotment - Ranjeet Mechatronics IPO

Details NII Retail Total
Allocation (No. of shares)8,52,0008,52,00017,04,000
Allotment price (Rs.)252525
No.of applications868,6018,687
No.of shares applied6,56,94,0005,16,06,00011,73,00,000
Amount collected (Rs.cr.)164.24 129.02 293.25
No.of times subscribed77.1160.5768.84
No.of shares allotted8,52,0008,52,00017,04,000
Amount (Rs.cr.)2.13 2.13 4.26
No.of allottees61142203

IPO Shares Offered

Ranjeet Mechatronics IPO is a public issue of 0.17 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 Maker96,0000.24 5.33%
Other 8,52,0002.13 47.33%
Retail8,52,0002.13 47.33%
Total18,00,0004.50 100%

IPO Subscription FAQs

The Ranjeet Mechatronics IPO is subscribed 69.7535 times by Sep 17, 2018 18:29.

Ranjeet Mechatronics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional77.4789
Retail Individual62.0282
Total Subscription69.7535

Retail category of Ranjeet Mechatronics IPO subscribed 62.0282 times as of date Sep 17, 2018 18:29. The public issue closes on Mon, Sep 17, 2018 for bidding.

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

The Ranjeet Mechatronics IPO is subscribed 69.7535 times by Sep 17, 2018 18:29.

The Ranjeet Mechatronics IPO allotment status is expected on or around Friday, September 21, 2018. Visit Ranjeet Mechatronics IPO allotment status to check.

The Ranjeet Mechatronics IPO listing date is September 26, 2018. The equity share of Ranjeet Mechatronics IPO will list on BSE SME.

Visit Ranjeet Mechatronics IPO subscription status page for real-time bidding information about Ranjeet Mechatronics IPO.

Ranjeet Mechatronics IPO Timetable

IPO opens OnWednesday, September 12, 2018
IPO Closes OnMonday, September 17, 2018
Finalisation of Basis of AllotmentFriday, September 21, 2018
Initiation of RefundsTuesday, September 25, 2018
Credit of Shares to Demat AccountTuesday, September 25, 2018
IPO Listing DateWednesday, September 26, 2018
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