Shri Ram Switchgears IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Thu, May 25, 2017 - Tue, May 30, 2017

Basis of Allotment - Shri Ram Switchgears IPO

Details NII Retail Total
Allocation (No. of shares)12,66,00012,66,00025,32,000
Allotment price (Rs.)191919
No.of applications18818,36818,556
No.of shares applied7,00,32,00011,02,08,00018,02,40,000
Amount collected (Rs.cr.)133.06 209.40 342.46
No.of times subscribed55.3287.0571.18
No.of shares allotted9,84,00015,48,00025,32,000
Amount (Rs.cr.)1.87 2.94 4.81
No.of allottees69258327

IPO Shares Offered

Shri Ram Switchgears IPO is a public issue of 0.25 Cr equity shares. The issue offers 0.13 Cr shares to retail investors , 0.13 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 Maker1,38,0000.26 5.17%
Other 12,66,0002.41 47.42%
Retail12,66,0002.41 47.42%
Total26,70,0005.07 100%

IPO Subscription FAQs

The Shri Ram Switchgears IPO is subscribed 72.4905 times by May 30, 2017 00:00.

Shri Ram Switchgears IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional56.7156
Retail Individual88.2654
Total Subscription72.4905

Retail category of Shri Ram Switchgears IPO subscribed 88.2654 times as of date May 30, 2017 00:00. The public issue closes on Tue, May 30, 2017 for bidding.

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

The Shri Ram Switchgears IPO is subscribed 72.4905 times by May 30, 2017 00:00.

The Shri Ram Switchgears IPO allotment status is expected on or around [.]. Visit Shri Ram Switchgears IPO allotment status to check.

The Shri Ram Switchgears IPO listing date is June 7, 2017. The equity share of Shri Ram Switchgears IPO will list on NSE SME.

Visit Shri Ram Switchgears IPO subscription status page for real-time bidding information about Shri Ram Switchgears IPO.

Shri Ram Switchgears IPO Timetable

IPO opens OnThursday, May 25, 2017
IPO Closes OnTuesday, May 30, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, June 7, 2017
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