Veer Global Infraconstruction IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Wed, Sep 30, 2020 - Fri, Oct 9, 2020

Basis of Allotment - Veer Global Infraconstruction IPO

Details NII Retail Total
Allocation (No. of shares)8,32,0008,32,00016,64,000
Allotment price (Rs.)282828
No.of applications43238281
No.of shares applied14,20,0009,52,00023,72,000
Amount collected (Rs.cr.)3.98 2.67 6.64
No.of times subscribed1.711.141.43
No.of shares allotted8,32,0008,32,00016,64,000
Amount (Rs.cr.)2.33 2.33 4.66
No.of allottees43208251

IPO Shares Offered

Veer Global Infraconstruction IPO is a public issue of 0.17 Cr equity shares. The issue offers 0.08 Cr shares to retail investors , 0.08 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 Maker92,0000.26 5.24%
Other 8,32,0002.33 47.38%
Retail8,32,0002.33 47.38%
Total17,56,0004.92 100%

IPO Subscription FAQs

The Veer Global Infraconstruction IPO is subscribed 1.5913 times by Oct 09, 2020 18:50.

Veer Global Infraconstruction IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.9375
Retail Individual1.2452
Total Subscription1.5913

Retail category of Veer Global Infraconstruction IPO subscribed 1.2452 times as of date Oct 09, 2020 18:50. The public issue closes on Fri, Oct 9, 2020 for bidding.

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

The Veer Global Infraconstruction IPO is subscribed 1.5913 times by Oct 09, 2020 18:50.

The Veer Global Infraconstruction IPO allotment status is expected on or around Wednesday, October 14, 2020. Visit Veer Global Infraconstruction IPO allotment status to check.

The Veer Global Infraconstruction IPO listing date is October 19, 2020. The equity share of Veer Global Infraconstruction IPO will list on BSE SME.

Visit Veer Global Infraconstruction IPO subscription status page for real-time bidding information about Veer Global Infraconstruction IPO.

Veer Global Infraconstruction IPO Timetable

IPO opens OnWednesday, September 30, 2020
IPO Closes OnFriday, October 9, 2020
Finalisation of Basis of AllotmentWednesday, October 14, 2020
Initiation of RefundsThursday, October 15, 2020
Credit of Shares to Demat AccountFriday, October 16, 2020
IPO Listing DateMonday, October 19, 2020
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