Safa Systems IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Fri, Jan 28, 2022 - Tue, Feb 1, 2022

Basis of Allotment - Safa Systems IPO

Details NII Retail Total
Allocation (No. of shares)19,00,00019,00,00038,00,000
Allotment price (Rs.)101010
No.of applications3116,5736,884
No.of shares applied11,02,20,0006,78,00,00017,80,20,000
Amount collected (Rs.cr.)110.22 67.80 178.02
No.of times subscribed58.0135.6846.85
No.of shares allotted19,00,00019,00,00038,00,000
Amount (Rs.cr.)1.90 1.90 3.80
No.of allottees115190305

IPO Shares Offered

Safa Systems IPO is a public issue of 0.38 Cr equity shares. The issue offers 0.19 Cr shares to retail investors , 0.19 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 Maker2,00,0000.20 5.00%
Other 19,00,0001.90 47.50%
Retail19,00,0001.90 47.50%
Total40,00,0004.00 100%

IPO Subscription FAQs

The Safa Systems IPO is subscribed 52.7105 times by Feb 01, 2022 18:52.

Safa Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional64.6105
Retail Individual40.8105
Total Subscription52.7105

Retail category of Safa Systems IPO subscribed 40.8105 times as of date Feb 01, 2022 18:52. The public issue closes on Tue, Feb 1, 2022 for bidding.

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

The Safa Systems IPO is subscribed 52.7105 times by Feb 01, 2022 18:52.

The Safa Systems IPO allotment status is expected on or around Friday, February 4, 2022. Visit Safa Systems IPO allotment status to check.

The Safa Systems IPO listing date is February 9, 2022. The equity share of Safa Systems IPO will list on BSE SME.

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

Safa Systems IPO Timetable

IPO opens OnFriday, January 28, 2022
IPO Closes OnTuesday, February 1, 2022
Finalisation of Basis of AllotmentFriday, February 4, 2022
Initiation of RefundsMonday, February 7, 2022
Credit of Shares to Demat AccountTuesday, February 8, 2022
IPO Listing DateWednesday, February 9, 2022
Open an Instant Account with Zerodha