Surani Steel Tubes IPO Subscription Details

Bookbuilding IPO | ₹13 Cr | Listed at NSE SME | Fri, Jan 25, 2019 - Tue, Jan 29, 2019

Basis of Allotment - Surani Steel Tubes IPO

Category NII Retail Total
Allocation (No. of shares)11,78,00011,80,00023,58,000
Allotment price (Rs.)525252
No.of applications147669816
No.of shares applied19,10,00013,38,00032,48,000
Amount collected (Rs.cr.)9.93 6.96 16.89
No.of times subscribed1.621.131.38
No.of shares allotted11,78,00011,80,00023,58,000
Amount (Rs.cr.)6.13 6.14 12.26
No.of allottees0590590

IPO Shares Offered

Surani Steel Tubes IPO is a public issue of 0.24 Cr equity shares. The issue offers 0.12 Cr shares to retail investors, 0.00 Cr shares to qualified institutional buyers, and 0.12 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,26,0000.66 5.07%
NII 11,78,0006.13 47.42%
Retail11,80,0006.14 47.50%
Total24,84,00012.92 100%

IPO Subscription FAQs

The Surani Steel Tubes IPO is subscribed 1.5454 times by Jan 29, 2019 18:00.

Surani Steel Tubes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.7963
Retail Individual1.2949
Total Subscription1.5454

Retail category of Surani Steel Tubes IPO subscribed 1.2949 times as of date Jan 29, 2019 18:00. The public issue closes on Tue, Jan 29, 2019 for bidding.

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

The Surani Steel Tubes IPO is subscribed 1.5454 times by Jan 29, 2019 18:00.

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

The Surani Steel Tubes IPO listing date is February 6, 2019. The equity share of Surani Steel Tubes IPO will list on NSE SME.

Visit Surani Steel Tubes IPO subscription status page for real-time bidding information about Surani Steel Tubes IPO.

Surani Steel Tubes IPO Timetable

IPO opens OnFriday, January 25, 2019
IPO Closes OnTuesday, January 29, 2019
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, February 6, 2019
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