Shree Marutinandan Tubes IPO Subscription Details

Fixed Price IPO | ₹14 Cr | Listed at BSE SME | Fri, Jan 12, 2024 - Tue, Jan 16, 2024

Basis of Allotment - Shree Marutinandan Tubes IPO

Details NII Retail Total
Allocation (No. of shares)4,75,0004,75,0009,50,000
Allotment price (Rs.)143143143
No.of applications3,06927,67230,741
No.of shares applied1,62,32,0002,76,72,0004,39,04,000
Amount collected (Rs.cr.)232.12 395.71 627.83
No.of times subscribed34.1758.2646.21
No.of shares allotted3,51,0005,99,0009,50,000
Amount (Rs.cr.)5.02 8.57 13.59
No.of allottees280599879

IPO Shares Offered

Shree Marutinandan Tubes IPO is a public issue of 0.10 Cr equity shares. The issue offers 0.05 Cr shares to retail investors , 0.05 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 Maker50,0000.72 5.00%
Other* 4,75,0006.79 47.50%
Retail4,75,0006.79 47.50%
Total10,00,00014.30 100%

IPO Subscription FAQs

The Shree Marutinandan Tubes IPO is subscribed 47.16 times by Jan 16, 2024 19:02.

Shree Marutinandan Tubes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional32.67
Retail Individual59.71
Total Subscription47.16

Retail category of Shree Marutinandan Tubes IPO subscribed 59.71 times as of date Jan 16, 2024 19:02. The public issue closes on Tue, Jan 16, 2024 for bidding.

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

The Shree Marutinandan Tubes IPO is subscribed 47.16 times by Jan 16, 2024 19:02.

The Shree Marutinandan Tubes IPO allotment status is expected on or around Wednesday, January 17, 2024. Visit Shree Marutinandan Tubes IPO allotment status to check.

The Shree Marutinandan Tubes IPO listing date is January 19, 2024. The equity share of Shree Marutinandan Tubes IPO will list on BSE SME.

Visit Shree Marutinandan Tubes IPO subscription status page for real-time bidding information about Shree Marutinandan Tubes IPO.

Shree Marutinandan Tubes IPO Timetable

IPO opens OnFriday, January 12, 2024
IPO Closes OnTuesday, January 16, 2024
Finalisation of Basis of AllotmentWednesday, January 17, 2024
Initiation of RefundsThursday, January 18, 2024
Credit of Shares to Demat AccountThursday, January 18, 2024
IPO Listing DateFriday, January 19, 2024
Open an Instant Account with Zerodha