Suyog Gurbaxani Funicular IPO Subscription Details

Fixed Price IPO | ₹29 Cr | Listed at BSE SME | Mon, Nov 1, 2021 - Mon, Nov 8, 2021

Basis of Allotment - Suyog Gurbaxani Funicular IPO

Details NII Retail Total
Allocation (No. of shares)31,11,00031,11,00062,22,000
Allotment price (Rs.)454545
No.of applications45473518
No.of shares applied58,17,00014,19,00072,36,000
Amount collected (Rs.cr.)26.18 6.39 32.56
No.of times subscribed1.870.461.16
No.of shares allotted48,03,00014,19,00062,22,000
Amount (Rs.cr.)21.61 6.39 28.00
No.of allottees45473518

IPO Shares Offered

Suyog Gurbaxani Funicular IPO is a public issue of 0.62 Cr equity shares. The issue offers 0.31 Cr shares to retail investors , 0.31 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 Maker3,33,0001.50 5.08%
Other 31,11,00014.00 47.46%
Retail31,11,00014.00 47.46%
Total65,55,00029.50 100%

IPO Subscription FAQs

The Suyog Gurbaxani Funicular IPO is subscribed 1.269 times by Nov 08, 2021 05:50.

Suyog Gurbaxani Funicular IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.9769
Retail Individual0.5612
Total Subscription1.269

Retail category of Suyog Gurbaxani Funicular IPO subscribed 0.5612 times as of date Nov 08, 2021 05:50. The public issue closes on Mon, Nov 8, 2021 for bidding.

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

The Suyog Gurbaxani Funicular IPO is subscribed 1.269 times by Nov 08, 2021 05:50.

The Suyog Gurbaxani Funicular IPO allotment status is expected on or around Thursday, November 11, 2021. Visit Suyog Gurbaxani Funicular IPO allotment status to check.

The Suyog Gurbaxani Funicular IPO listing date is November 16, 2021. The equity share of Suyog Gurbaxani Funicular IPO will list on BSE SME.

Visit Suyog Gurbaxani Funicular IPO subscription status page for real-time bidding information about Suyog Gurbaxani Funicular IPO.

Suyog Gurbaxani Funicular IPO Timetable

IPO opens OnMonday, November 1, 2021
IPO Closes OnMonday, November 8, 2021
Finalisation of Basis of AllotmentThursday, November 11, 2021
Initiation of RefundsFriday, November 12, 2021
Credit of Shares to Demat AccountMonday, November 15, 2021
IPO Listing DateTuesday, November 16, 2021
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