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May 31, 2023 - June 5, 2023

Comrade Appliances IPO FAQ

Comrade Appliances IPO Date & Price

The Comrade Appliances IPO opens on May 31, 2023 and closes on June 5, 2023.

Comrade Appliances IPO timetable / schedule is as below:
  • Bid/Offer Opens On: May 31, 2023
  • Bid/Offer Closes On: June 5, 2023
  • Finalization of Basis of Allotment: June 8, 2023
  • Initiation of refunds: June 9, 2023
  • Credit of Equity Shares: June 12, 2023
  • Listing Date: June 13, 2023

Comrade Appliances IPO Draft Red Herring Prospectus (DRHP) PDF

Sorry, Comrade Appliances IPO Red Herring Prospectus is not available at this time.

Comrade Appliances IPO price is set at ₹54 per equity share.

Comrade Appliances IPO will close for subscription at 5 PM on June 5, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Comrade Appliances IPO starts on May 31, 2023. The issue ends on June 5, 2023.

Comrade Appliances IPO Issue Size and Subscription Status

The Comrade Appliances IPO size is 2278000 Equity Shares of ₹10 aggregating up to ₹12.30 Cr.

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

Comrade Appliances IPO Offer Size

Qualified Institutional Buyers (QIB)432,000 Shares
Non-Institutional Investors (NII)326,000 Shares
Retail Individual Investor (RII)758,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,516,000 Shares

Comrade Appliances IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)21.86 times times
Non-Institutional Investors (NII)162.67 times times
Retail Individual Investor (RII)72.08 times times
Employee Reservations times
Other Reservations times
Total Issue Size77.25 times times

Click here to check the Comrade Appliances 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 Comrade Appliances IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check Comrade Appliances 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.

Comrade Appliances IPO Allotment and Listing

The Comrade Appliances IPO allot status will be available online on June 8, 2023. Check the Comrade Appliances IPO Allotment Status here.

Click here to check Comrade Appliances IPO Allotment Status.

Comrade Appliances IPO listing Date is June 13, 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 Comrade Appliances IPO listing date and time is published by the exchange in a circular.

Click here to view the Comrade Appliances IPO Basis of Allotment.

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

The Comrade Appliances IPO shares will list on June 13, 2023 at BSE SME.

Comrade Appliances 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 Comrade Appliances IPO which could help you with questions like Comrade Appliances IPO buy or not? You should also read Comrade Appliances 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.

Comrade Appliances 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 Comrade Appliances IPO performance. The performance reports are available 1 day after listing.