RMC Switchgears IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Tue, Feb 28, 2017 - Fri, Mar 3, 2017

Basis of Allotment - RMC Switchgears IPO

Details NII Retail Total
Allocation (No. of shares)7,20,0007,20,00014,40,000
Allotment price (Rs.)272727
No.of applications1643,2333,397
No.of shares applied1,65,64,0001,29,32,0002,94,96,000
Amount collected (Rs.cr.)44.72 34.92 79.64
No.of times subscribed23.0117.9620.48
No.of shares allotted7,20,0007,20,00014,40,000
Amount (Rs.cr.)1.94 1.94 3.89
No.of allottees75180255

IPO Shares Offered

RMC Switchgears IPO is a public issue of 0.14 Cr equity shares. The issue offers 0.07 Cr shares to retail investors , 0.07 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 Maker96,0000.26 6.25%
Other 7,20,0001.94 46.88%
Retail7,20,0001.94 46.88%
Total15,36,0004.15 100%

IPO Subscription FAQs

The RMC Switchgears IPO is subscribed 24.8528 times by Mar 03, 2017 19:20.

RMC Switchgears IPO Subscription

00
Investor Category Subscription (times)
Qualified Institutional
Total Subscription24.8528

Retail category of RMC Switchgears IPO subscribed 0 times as of date Mar 03, 2017 19:20. The public issue closes on Fri, Mar 3, 2017 for bidding.

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

The RMC Switchgears IPO is subscribed 24.8528 times by Mar 03, 2017 19:20.

The RMC Switchgears IPO allotment status is expected on or around [.]. Visit RMC Switchgears IPO allotment status to check.

The RMC Switchgears IPO listing date is March 14, 2017. The equity share of RMC Switchgears IPO will list on BSE SME.

Visit RMC Switchgears IPO subscription status page for real-time bidding information about RMC Switchgears IPO.

RMC Switchgears IPO Timetable

IPO opens OnTuesday, February 28, 2017
IPO Closes OnFriday, March 3, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateTuesday, March 14, 2017
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