Tirupati Forge IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Fri, Sep 29, 2017 - Wed, Oct 4, 2017

Basis of Allotment - Tirupati Forge IPO

Details NII Retail Total
Allocation (No. of shares)8,54,0008,54,00017,08,000
Allotment price (Rs.)292929
No.of applications692,1352,204
No.of shares applied28,52,00085,40,0001,13,92,000
Amount collected (Rs.cr.)8.27 24.77 33.04
No.of times subscribed3.3410.006.67
No.of shares allotted4,24,00012,84,00017,08,000
Amount (Rs.cr.)1.23 3.72 4.95
No.of allottees0321321

IPO Shares Offered

Tirupati Forge IPO is a public issue of 0.17 Cr equity shares. The issue offers 0.09 Cr shares to retail investors , 0.09 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 Maker92,0000.27 5.11%
Other 8,54,0002.48 47.44%
Retail8,54,0002.48 47.44%
Total18,00,0005.22 100%

IPO Subscription FAQs

The Tirupati Forge IPO is subscribed 6.9438 times by Oct 04, 2017 17:00.

Tirupati Forge IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional3.5644
Retail Individual10.3232
Total Subscription6.9438

Retail category of Tirupati Forge IPO subscribed 10.3232 times as of date Oct 04, 2017 17:00. The public issue closes on Wed, Oct 4, 2017 for bidding.

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

The Tirupati Forge IPO is subscribed 6.9438 times by Oct 04, 2017 17:00.

The Tirupati Forge IPO allotment status is expected on or around [.]. Visit Tirupati Forge IPO allotment status to check.

The Tirupati Forge IPO listing date is October 12, 2017. The equity share of Tirupati Forge IPO will list on NSE SME.

Visit Tirupati Forge IPO subscription status page for real-time bidding information about Tirupati Forge IPO.

Tirupati Forge IPO Timetable

IPO opens OnFriday, September 29, 2017
IPO Closes OnWednesday, October 4, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, October 12, 2017
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