SSPN Finance IPO Subscription Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Tue, Mar 10, 2015 - Thu, Mar 12, 2015

Basis of Allotment - SSPN Finance IPO

Details NII Retail Total
Allocation (No. of shares)3,54,0003,54,0007,08,000
Allotment price (Rs.)202020
No.of applications95766
No.of shares applied4,80,0003,54,0008,34,000
Amount collected (Rs.cr.)0.96 0.71 1.67
No.of times subscribed1.361.001.18
No.of shares allotted3,66,0003,42,0007,08,000
Amount (Rs.cr.)0.73 0.68 1.42
No.of allottees05757

IPO Shares Offered

SSPN Finance IPO is a public issue of 0.07 Cr equity shares. The issue offers 0.04 Cr shares to retail investors , 0.04 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 Maker42,0000.08 5.60%
Other 3,54,0000.71 47.20%
Retail3,54,0000.71 47.20%
Total7,50,0001.50 100%

IPO Subscription FAQs

The SSPN Finance IPO is subscribed 1.178 times by Mar 12, 2015 00:00.

SSPN Finance IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.3559
Retail Individual1
Total Subscription1.178

Retail category of SSPN Finance IPO subscribed 1 times as of date Mar 12, 2015 00:00. The public issue closes on Thu, Mar 12, 2015 for bidding.

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

The SSPN Finance IPO is subscribed 1.178 times by Mar 12, 2015 00:00.

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

The SSPN Finance IPO listing date is March 16, 2015. The equity share of SSPN Finance IPO will list on BSE SME.

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

SSPN Finance IPO Timetable

IPO opens OnTuesday, March 10, 2015
IPO Closes OnThursday, March 12, 2015
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, March 16, 2015
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