Siyaram Recycling Industries IPO Subscription Details

Bookbuilding IPO | ₹23 Cr | Listed at BSE SME | Thu, Dec 14, 2023 - Mon, Dec 18, 2023

Basis of Allotment - Siyaram Recycling Industries IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)9,48,00014,22,00023,70,0007,11,00016,59,00047,40,000
Allotment price (Rs.)464646464646
No.of applications4354812,3562,50,5652,62,969
No.of shares applied8,84,13,00014,22,0008,98,35,00042,90,48,00075,16,95,0001,27,05,78,000
Amount collected (Rs.cr.)406.70 6.54 413.24 1,973.62 3,457.80 5,844.66
No.of times subscribed93.261.0037.91603.44453.10268.05
No.of shares allotted9,48,00014,22,00023,70,0007,11,00016,59,00047,40,000
Amount (Rs.cr.)4.36 6.54 10.90 3.27 7.63 21.80
No.of allottees43548223553824

IPO Shares Offered

Siyaram Recycling Industries IPO is a public issue of 0.47 Cr equity shares. The issue offers 0.17 Cr shares to retail investors, 0.24 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,52,0001.16 5.05%
QIB 23,70,00010.90 47.48%
    Anchor 14,22,000 6.54 28.49%
    QIB (Ex Anchor) 9,48,000 4.36 18.99%
NII* 7,11,0003.27 14.24%
Retail16,59,0007.63 33.23%
Total49,92,00022.96 100%

Siyaram Recycling Industries IPO Anchor Investor Allocation

A total of 14,22,000 shares at a price of Rs 46 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 13, 2023
Anchor investor price₹46.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days7,11,000
No. of shares locked-in for 90 days7,11,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 3,84,000 1.77 27.00 7.69
2 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,19,000 1.01 15.40 4.39
3 NAV CAPITAL VCC NAV CAPITAL 2,19,000 1.01 15.40 4.39
4 INDIA-AHEAD VENTURE TRUST INDIA-AHEAD VENTURE 3,81,000 1.75 26.79 7.63
5 LC RADIANCE FUND VCC LC RADIANCE 2,19,000 1.01 15.40 4.39
14,22,0006.5410028.49

IPO Subscription FAQs

The Siyaram Recycling Industries IPO is subscribed 385.19 times by Dec 18, 2023 19:02.

Siyaram Recycling Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional96.43
Non Institutional597.72
Retail Individual459.11
Total Subscription385.19

Retail category of Siyaram Recycling Industries IPO subscribed 459.11 times as of date Dec 18, 2023 19:02. The public issue closes on Mon, Dec 18, 2023 for bidding.

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

The Siyaram Recycling Industries IPO is subscribed 385.19 times by Dec 18, 2023 19:02.

The Siyaram Recycling Industries IPO allotment status is expected on or around Tuesday, December 19, 2023. Visit Siyaram Recycling Industries IPO allotment status to check.

The Siyaram Recycling Industries IPO listing date is December 21, 2023. The equity share of Siyaram Recycling Industries IPO will list on BSE SME.

Visit Siyaram Recycling Industries IPO subscription status page for real-time bidding information about Siyaram Recycling Industries IPO.

Siyaram Recycling Industries IPO Timetable

IPO opens OnThursday, December 14, 2023
IPO Closes OnMonday, December 18, 2023
Finalisation of Basis of AllotmentTuesday, December 19, 2023
Initiation of RefundsWednesday, December 20, 2023
Credit of Shares to Demat AccountWednesday, December 20, 2023
IPO Listing DateThursday, December 21, 2023
Open an Instant Account with Zerodha