Fixed Price IPO | ₹15 Cr | Listed at NSE SME | Wed, Aug 9, 2017 - Mon, Aug 14, 2017
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 22,90,000 | 22,90,000 | 45,80,000 |
| Allotment price (Rs.) | 31 | 31 | 31 |
| No.of applications | 40 | 646 | 686 |
| No.of shares applied | 39,72,000 | 25,84,000 | 65,56,000 |
| Amount collected (Rs.cr.) | 12.31 | 8.01 | 20.32 |
| No.of times subscribed | 1.73 | 1.13 | 1.43 |
| No.of shares allotted | 22,88,000 | 22,92,000 | 45,80,000 |
| Amount (Rs.cr.) | 7.09 | 7.11 | 14.20 |
| No.of allottees | 40 | 573 | 613 |
Servotech Power Systems IPO is a public issue of 0.46 Cr equity shares. The issue offers 0.23 Cr shares to retail investors , 0.23 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 | 3,00,000 | 0.93 | 6.15% |
| Other | 22,90,000 | 7.10 | 46.93% |
| Retail | 22,90,000 | 7.10 | 46.93% |
| Total | 48,80,000 | 15.13 | 100% |
The Servotech Power Systems IPO is subscribed 1.5214 times by Aug 14, 2017 17:00.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 1.8655 |
| Retail Individual | 1.1773 |
| Total Subscription | 1.5214 |
An investor can apply in Servotech Power Systems IPO online via bank (using ASBA) or the broker (using UPI). The Servotech Power Systems IPO shares are offered online only.
The Servotech Power Systems IPO is subscribed 1.5214 times by Aug 14, 2017 17:00.
The Servotech Power Systems IPO allotment status is expected on or around [.]. Visit Servotech Power Systems IPO allotment status to check.
The Servotech Power Systems IPO listing date is August 24, 2017. The equity share of Servotech Power Systems IPO will list on NSE SME.
Visit Servotech Power Systems IPO subscription status page for real-time bidding information about Servotech Power Systems IPO.
| IPO opens On | Wednesday, August 9, 2017 |
| IPO Closes On | Monday, August 14, 2017 |
| Finalisation of Basis of Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat Account | [.] |
| IPO Listing Date | Thursday, August 24, 2017 |
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