Spectrum Electrical IPO Subscription Details

Fixed Price IPO | ₹26 Cr | Listed at NSE SME | Mon, Sep 17, 2018 - Fri, Sep 21, 2018

Basis of Allotment - Spectrum Electrical IPO

Details NII Retail Total
Allocation (No. of shares)18,90,00018,90,00037,80,000
Allotment price (Rs.)656565
No.of applications97491588
No.of shares applied32,36,0009,82,00042,18,000
Amount collected (Rs.cr.)21.03 6.38 27.42
No.of times subscribed1.710.521.12
No.of shares allotted27,98,0009,82,00037,80,000
Amount (Rs.cr.)18.19 6.38 24.57
No.of allottees97491588

IPO Shares Offered

Spectrum Electrical IPO is a public issue of 0.38 Cr equity shares. The issue offers 0.19 Cr shares to retail investors , 0.19 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 Maker2,00,0001.30 5.03%
Other 18,90,00012.29 47.49%
Retail18,90,00012.29 47.49%
Total39,80,00025.87 100%

IPO Subscription FAQs

The Spectrum Electrical IPO is subscribed 1.272 times by Sep 21, 2018 18:00.

Spectrum Electrical IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.9873
Retail Individual0.5566
Total Subscription1.272

Retail category of Spectrum Electrical IPO subscribed 0.5566 times as of date Sep 21, 2018 18:00. The public issue closes on Fri, Sep 21, 2018 for bidding.

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

The Spectrum Electrical IPO is subscribed 1.272 times by Sep 21, 2018 18:00.

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

The Spectrum Electrical IPO listing date is October 1, 2018. The equity share of Spectrum Electrical IPO will list on NSE SME.

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

Spectrum Electrical IPO Timetable

IPO opens OnMonday, September 17, 2018
IPO Closes OnFriday, September 21, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, October 1, 2018
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