Novateor Research Laboratories IPO Subscription Details

Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Fri, Aug 30, 2019 - Wed, Sep 4, 2019

Basis of Allotment - Novateor Research Laboratories IPO

Details NII Retail Total
Allocation (No. of shares)8,88,0008,88,00017,76,000
Allotment price (Rs.)242424
No.of applications3095125
No.of shares applied15,06,0005,70,00020,76,000
Amount collected (Rs.cr.)3.61 1.37 4.98
No.of times subscribed1.700.641.17
No.of shares allotted12,06,0005,70,00017,76,000
Amount (Rs.cr.)2.89 1.37 4.26
No.of allottees3095125

IPO Shares Offered

Novateor Research Laboratories IPO is a public issue of 0.18 Cr equity shares. The issue offers 0.09 Cr shares to retail investors , 0.09 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 Maker96,0000.23 5.13%
Other 8,88,0002.13 47.44%
Retail8,88,0002.13 47.44%
Total18,72,0004.49 100%

IPO Subscription FAQs

The Novateor Research Laboratories IPO is subscribed 1.2365 times by Sep 04, 2019 18:49.

Novateor Research Laboratories IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.8041
Retail Individual0.6689
Total Subscription1.2365

Retail category of Novateor Research Laboratories IPO subscribed 0.6689 times as of date Sep 04, 2019 18:49. The public issue closes on Wed, Sep 4, 2019 for bidding.

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

The Novateor Research Laboratories IPO is subscribed 1.2365 times by Sep 04, 2019 18:49.

The Novateor Research Laboratories IPO allotment status is expected on or around Monday, September 9, 2019. Visit Novateor Research Laboratories IPO allotment status to check.

The Novateor Research Laboratories IPO listing date is September 13, 2019. The equity share of Novateor Research Laboratories IPO will list on BSE SME.

Visit Novateor Research Laboratories IPO subscription status page for real-time bidding information about Novateor Research Laboratories IPO.

Novateor Research Laboratories IPO Timetable

IPO opens OnFriday, August 30, 2019
IPO Closes OnWednesday, September 4, 2019
Finalisation of Basis of AllotmentMonday, September 9, 2019
Initiation of RefundsWednesday, September 11, 2019
Credit of Shares to Demat AccountThursday, September 12, 2019
IPO Listing DateFriday, September 13, 2019
Open an Instant Account with Zerodha