Shrenik IPO Subscription Details

Fixed Price IPO | ₹22 Cr | Listed at NSE SME | Thu, Jul 6, 2017 - Mon, Jul 10, 2017

Basis of Allotment - Shrenik IPO

Details NII Retail Total
Allocation (No. of shares)25,56,00025,56,00051,12,000
Allotment price (Rs.)404040
No.of applications922,9703,062
No.of shares applied68,61,00089,10,0001,57,71,000
Amount collected (Rs.cr.)27.44 35.64 63.08
No.of times subscribed2.683.493.09
No.of shares allotted22,23,00028,89,00051,12,000
Amount (Rs.cr.)8.89 11.56 20.45
No.of allottees0963963

IPO Shares Offered

Shrenik IPO is a public issue of 0.51 Cr equity shares. The issue offers 0.26 Cr shares to retail investors , 0.26 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 Maker2,88,0001.15 5.33%
Other 25,56,00010.22 47.33%
Retail25,56,00010.22 47.33%
Total54,00,00021.60 100%

IPO Subscription FAQs

The Shrenik IPO is subscribed 3.1256 times by Jul 10, 2017 17:00.

Shrenik IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.6913
Retail Individual3.5599
Total Subscription3.1256

Retail category of Shrenik IPO subscribed 3.5599 times as of date Jul 10, 2017 17:00. The public issue closes on Mon, Jul 10, 2017 for bidding.

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

The Shrenik IPO is subscribed 3.1256 times by Jul 10, 2017 17:00.

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

The Shrenik IPO listing date is July 18, 2017. The equity share of Shrenik IPO will list on NSE SME.

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

Shrenik IPO Timetable

IPO opens OnThursday, July 6, 2017
IPO Closes OnMonday, July 10, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateTuesday, July 18, 2017
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