Fixed Price IPO | ₹9 Cr | Listed at BSE SME | Fri, Sep 2, 2016 - Wed, Sep 7, 2016
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 11,07,000 | 11,07,000 | 22,14,000 |
| Allotment price (Rs.) | 38 | 38 | 38 |
| No.of applications | 56 | 173 | 229 |
| No.of shares applied | 26,37,000 | 5,19,000 | 31,56,000 |
| Amount collected (Rs.cr.) | 10.02 | 1.97 | 11.99 |
| No.of times subscribed | 2.38 | 0.47 | 1.43 |
| No.of shares allotted | 16,95,000 | 5,19,000 | 22,14,000 |
| Amount (Rs.cr.) | 6.44 | 1.97 | 8.41 |
| No.of allottees | 56 | 173 | 229 |
Riddhi Steel IPO is a public issue of 0.22 Cr equity shares. The issue offers 0.11 Cr shares to retail investors , 0.11 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 1,26,000 | 0.48 | 5.38% |
| Other | 11,07,000 | 4.21 | 47.31% |
| Retail | 11,07,000 | 4.21 | 47.31% |
| Total | 23,40,000 | 8.89 | 100% |
The Riddhi Steel IPO is subscribed 2.2457 times by Sep 07, 2016 00:00.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 2.645 |
| Retail Individual | 1.8464 |
| Total Subscription | 2.2457 |
An investor can apply in Riddhi Steel IPO online via bank (using ASBA) or the broker (using UPI). The Riddhi Steel IPO shares are offered online only.
The Riddhi Steel IPO is subscribed 2.2457 times by Sep 07, 2016 00:00.
The Riddhi Steel IPO allotment status is expected on or around [.]. Visit Riddhi Steel IPO allotment status to check.
The Riddhi Steel IPO listing date is September 14, 2016. The equity share of Riddhi Steel IPO will list on BSE SME.
Visit Riddhi Steel IPO subscription status page for real-time bidding information about Riddhi Steel IPO.
| IPO opens On | Friday, September 2, 2016 |
| IPO Closes On | Wednesday, September 7, 2016 |
| Finalisation of Basis of Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat Account | [.] |
| IPO Listing Date | Wednesday, September 14, 2016 |
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