Steel City Securities IPO Subscription Details

Fixed Price IPO | ₹27 Cr | Listed at NSE SME | Mon, Feb 6, 2017 - Thu, Feb 9, 2017

Basis of Allotment - Steel City Securities IPO

Details NII Retail Total
Allocation (No. of shares)23,31,00023,31,00046,62,000
Allotment price (Rs.)555555
No.of applications3167,4627,778
No.of shares applied72,58,0001,49,24,0002,21,82,000
Amount collected (Rs.cr.)39.92 82.08 122.00
No.of times subscribed3.116.404.76
No.of shares allotted15,24,00031,38,00046,62,000
Amount (Rs.cr.)8.38 17.26 25.64
No.of allottees2341,5691,803

IPO Shares Offered

Steel City Securities IPO is a public issue of 0.47 Cr equity shares. The issue offers 0.23 Cr shares to retail investors , 0.23 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 Maker2,46,0001.35 5.01%
Other 23,31,00012.82 47.49%
Retail23,31,00012.82 47.49%
Total49,08,00026.99 100%

IPO Subscription FAQs

The Steel City Securities IPO is subscribed 4.8172 times by Feb 09, 2017 00:00.

Steel City Securities IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional3.1223
Retail Individual6.5122
Total Subscription4.8172

Retail category of Steel City Securities IPO subscribed 6.5122 times as of date Feb 09, 2017 00:00. The public issue closes on Thu, Feb 9, 2017 for bidding.

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

The Steel City Securities IPO is subscribed 4.8172 times by Feb 09, 2017 00:00.

The Steel City Securities IPO allotment status is expected on or around [.]. Visit Steel City Securities IPO allotment status to check.

The Steel City Securities IPO listing date is February 17, 2017. The equity share of Steel City Securities IPO will list on NSE SME.

Visit Steel City Securities IPO subscription status page for real-time bidding information about Steel City Securities IPO.

Steel City Securities IPO Timetable

IPO opens OnMonday, February 6, 2017
IPO Closes OnThursday, February 9, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, February 17, 2017
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