FREE Account Opening + No Clearing Fees
Loading...
September 27, 2023 - October 3, 2023

Canarys Automations IPO FAQ

Canarys Automations IPO Date & Price

The Canarys Automations IPO opens on September 27, 2023 and closes on October 3, 2023.

Canarys Automations IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 27, 2023
  • Bid/Offer Closes On: October 3, 2023
  • Finalization of Basis of Allotment: October 6, 2023
  • Initiation of refunds: October 9, 2023
  • Credit of Equity Shares: October 10, 2023
  • Listing Date: October 11, 2023

Canarys Automations IPO price is set at ₹31 per equity share.

Canarys Automations IPO will close for subscription at 5 PM on October 3, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Canarys Automations IPO starts on September 27, 2023. The issue ends on October 3, 2023.

Canarys Automations IPO Issue Size and Subscription Status

The Canarys Automations IPO size is 15172000 Equity Shares of ₹2 aggregating up to ₹47.03 Cr.

Canarys Automations Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Canarys Automations IPO shares through the banks (using ASBA) or through the broker (using UPI).

Canarys Automations IPO Offer Size

Qualified Institutional Buyers (QIB)2,880,000 Shares
Non-Institutional Investors (NII)2,736,000 Shares
Retail Individual Investor (RII)5,048,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size10,664,000 Shares

Canarys Automations IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)2.73 times times
Non-Institutional Investors (NII)14.29 times times
Retail Individual Investor (RII)11.70 times times
Employee Reservations times
Other Reservations times
Total Issue Size9.94 times times

Click here to check the Canarys Automations IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Canarys Automations IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Canarys Automations IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Canarys Automations IPO Allotment and Listing

The Canarys Automations IPO allot status will be available online on October 6, 2023. Check the Canarys Automations IPO Allotment Status here.

Click here to check Canarys Automations IPO Allotment Status.

Canarys Automations IPO listing Date is October 11, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Canarys Automations IPO listing date and time is published by the exchange in a circular.

Click here to view the Canarys Automations IPO Basis of Allotment.

It is hard to say at what price Canarys Automations IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Canarys Automations IPO shares will list on October 11, 2023 at NSE SME.

Canarys Automations IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Canarys Automations IPO which could help you with questions like Canarys Automations IPO buy or not? You should also read Canarys Automations IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Canarys Automations IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Canarys Automations IPO performance. The performance reports are available 1 day after listing.