Shine Fashions IPO Subscription Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Oct 22, 2020 - Mon, Oct 26, 2020

Basis of Allotment - Shine Fashions IPO

Details NII Retail Total
Allocation (No. of shares)1,89,0001,89,0003,78,000
Allotment price (Rs.)404040
No.of applications3095125
No.of shares applied3,09,0002,85,0005,94,000
Amount collected (Rs.cr.)1.24 1.14 2.38
No.of times subscribed1.631.511.57
No.of shares allotted1,89,0001,89,0003,78,000
Amount (Rs.cr.)0.76 0.76 1.51
No.of allottees306393

IPO Shares Offered

Shine Fashions IPO is a public issue of 0.04 Cr equity shares. The issue offers 0.02 Cr shares to retail investors , 0.02 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 Maker21,0000.08 5.26%
Other 1,89,0000.76 47.37%
Retail1,89,0000.76 47.37%
Total3,99,0001.60 100%

IPO Subscription FAQs

The Shine Fashions IPO is subscribed 1.7302 times by Oct 26, 2020 18:49.

Shine Fashions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.8254
Retail Individual1.6349
Total Subscription1.7302

Retail category of Shine Fashions IPO subscribed 1.6349 times as of date Oct 26, 2020 18:49. The public issue closes on Mon, Oct 26, 2020 for bidding.

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

The Shine Fashions IPO is subscribed 1.7302 times by Oct 26, 2020 18:49.

The Shine Fashions IPO allotment status is expected on or around [.]. Visit Shine Fashions IPO allotment status to check.

The Shine Fashions IPO listing date is November 2, 2020. The equity share of Shine Fashions IPO will list on BSE SME.

Visit Shine Fashions IPO subscription status page for real-time bidding information about Shine Fashions IPO.

Shine Fashions IPO Timetable

IPO opens OnThursday, October 22, 2020
IPO Closes OnMonday, October 26, 2020
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, November 2, 2020
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