Sarthak Metals IPO Subscription Details

Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Fri, Mar 10, 2017 - Fri, Mar 17, 2017

Basis of Allotment - Sarthak Metals IPO

Details NII Retail Total
Allocation (No. of shares)17,20,00017,20,00034,40,000
Allotment price (Rs.)303030
No.of applications61528589
No.of shares applied35,36,00021,12,00056,48,000
Amount collected (Rs.cr.)10.61 6.34 16.94
No.of times subscribed2.061.231.64
No.of shares allotted17,20,00017,20,00034,40,000
Amount (Rs.cr.)5.16 5.16 10.32
No.of allottees61430491

IPO Shares Offered

Sarthak Metals IPO is a public issue of 0.34 Cr equity shares. The issue offers 0.17 Cr shares to retail investors , 0.17 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 Maker1,96,0000.59 5.39%
Other 17,20,0005.16 47.30%
Retail17,20,0005.16 47.30%
Total36,36,00010.91 100%

IPO Subscription FAQs

The Sarthak Metals IPO is subscribed 2.0151 times by Mar 17, 2017 21:00.

Sarthak Metals IPO Subscription

00
Investor Category Subscription (times)
Qualified Institutional
Total Subscription2.0151

Retail category of Sarthak Metals IPO subscribed 0 times as of date Mar 17, 2017 21:00. The public issue closes on Fri, Mar 17, 2017 for bidding.

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

The Sarthak Metals IPO is subscribed 2.0151 times by Mar 17, 2017 21:00.

The Sarthak Metals IPO allotment status is expected on or around [.]. Visit Sarthak Metals IPO allotment status to check.

The Sarthak Metals IPO listing date is March 27, 2017. The equity share of Sarthak Metals IPO will list on BSE SME.

Visit Sarthak Metals IPO subscription status page for real-time bidding information about Sarthak Metals IPO.

Sarthak Metals IPO Timetable

IPO opens OnFriday, March 10, 2017
IPO Closes OnFriday, March 17, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, March 27, 2017
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