Veeram Ornaments IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Fri, Dec 23, 2016 - Wed, Dec 28, 2016

Basis of Allotment - Veeram Ornaments IPO

Details NII Retail Total
Allocation (No. of shares)5,40,0005,40,00010,80,000
Allotment price (Rs.)454545
No.of applications3982121
No.of shares applied8,94,0002,46,00011,40,000
Amount collected (Rs.cr.)4.02 1.11 5.13
No.of times subscribed1.660.461.06
No.of shares allotted8,34,0002,46,00010,80,000
Amount (Rs.cr.)3.75 1.11 4.86
No.of allottees3982121

IPO Shares Offered

Veeram Ornaments IPO is a public issue of 0.11 Cr equity shares. The issue offers 0.05 Cr shares to retail investors , 0.05 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 Maker57,0000.26 5.01%
Other 5,40,0002.43 47.49%
Retail5,40,0002.43 47.49%
Total11,37,0005.12 100%

IPO Subscription FAQs

The Veeram Ornaments IPO is subscribed 110.8333 times by Dec 28, 2016 00:00.

Veeram Ornaments IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional174.4444
Retail Individual47.2222
Total Subscription110.8333

Retail category of Veeram Ornaments IPO subscribed 47.2222 times as of date Dec 28, 2016 00:00. The public issue closes on Wed, Dec 28, 2016 for bidding.

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

The Veeram Ornaments IPO is subscribed 110.8333 times by Dec 28, 2016 00:00.

The Veeram Ornaments IPO allotment status is expected on or around [.]. Visit Veeram Ornaments IPO allotment status to check.

The Veeram Ornaments IPO listing date is January 5, 2017. The equity share of Veeram Ornaments IPO will list on BSE SME.

Visit Veeram Ornaments IPO subscription status page for real-time bidding information about Veeram Ornaments IPO.

Veeram Ornaments IPO Timetable

IPO opens OnFriday, December 23, 2016
IPO Closes OnWednesday, December 28, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, January 5, 2017
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