Steelman Telecom IPO Subscription Details

Fixed Price IPO | ₹26 Cr | Listed at BSE SME | Mon, Sep 26, 2022 - Thu, Sep 29, 2022

Basis of Allotment - Steelman Telecom IPO

Details NII Retail Total
Allocation (No. of shares)16,72,8009,02,40025,75,200
Allotment price (Rs.)969696
No.of applications49217,10917,601
No.of shares applied3,68,38,8002,05,30,8005,73,69,600
Amount collected (Rs.cr.)353.65 197.10 550.75
No.of times subscribed22.0222.7522.28
No.of shares allotted12,87,60012,87,60025,75,200
Amount (Rs.cr.)12.36 12.36 24.72
No.of allottees2181,0731,291

IPO Shares Offered

Steelman Telecom IPO is a public issue of 0.26 Cr equity shares. The issue offers 0.09 Cr shares to retail investors , 0.17 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 Maker1,35,6001.30 5.00%
Other 16,72,80016.06 61.71%
Retail9,02,4008.66 33.29%
Total27,10,80026.02 100%

IPO Subscription FAQs

The Steelman Telecom IPO is subscribed 22.3989 times by Sep 29, 2022 18:59.

Steelman Telecom IPO Subscription

Investor Category Subscription (times)
Qualified Institutional7.778
Non Institutional70.0901
Retail Individual22.8205
Total Subscription22.3989

Retail category of Steelman Telecom IPO subscribed 22.8205 times as of date Sep 29, 2022 18:59. The public issue closes on Thu, Sep 29, 2022 for bidding.

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

The Steelman Telecom IPO is subscribed 22.3989 times by Sep 29, 2022 18:59.

The Steelman Telecom IPO allotment status is expected on or around Friday, October 7, 2022. Visit Steelman Telecom IPO allotment status to check.

The Steelman Telecom IPO listing date is October 10, 2022. The equity share of Steelman Telecom IPO will list on BSE SME.

Visit Steelman Telecom IPO subscription status page for real-time bidding information about Steelman Telecom IPO.

Steelman Telecom IPO Timetable

IPO opens OnMonday, September 26, 2022
IPO Closes OnThursday, September 29, 2022
Finalisation of Basis of AllotmentFriday, October 7, 2022
Initiation of RefundsMonday, October 10, 2022
Credit of Shares to Demat AccountMonday, October 10, 2022
IPO Listing DateMonday, October 10, 2022
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