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September 21, 2010 - September 24, 2010

Electrosteel IPO FAQ

Electrosteel IPO Date & Price

The Electrosteel IPO opens on September 21, 2010 and closes on September 24, 2010.

Sorry the Electrosteel IPO timelines are not available at this time.

Electrosteel IPO price is set at ₹11 per equity share.

Electrosteel IPO will close for subscription at 5 PM on September 24, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The Electrosteel IPO starts on September 21, 2010. The issue ends on September 24, 2010.

Electrosteel IPO Issue Size and Subscription Status

The Electrosteel IPO size is 225516188 Equity Shares of ₹10 aggregating up to ₹248.07 Cr.

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

Electrosteel IPO Offer Size

Qualified Institutional Buyers (QIB)135,309,713 Shares
Non-Institutional Investors (NII)22,551,619 Shares
Retail Individual Investor (RII)67,654,856 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size225,516,188 Shares

Electrosteel IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)5.86 times times
Non-Institutional Investors (NII)28.58 times times
Retail Individual Investor (RII)6.19 times times
Employee Reservations times
Other Reservations times
Total Issue Size8.23 times times

Click here to check the Electrosteel 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 Electrosteel 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 Electrosteel 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.

Electrosteel IPO Allotment and Listing

The tentative date for Electrosteel IPO allotment status is not available at this time. You can check the Electrosteel IPO Allotment Status as soon as it is available.

Click here to check Electrosteel IPO Allotment Status.

Electrosteel IPO listing Date is October 8, 2010. 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 Electrosteel IPO listing date and time is published by the exchange in a circular.

Click here to view the Electrosteel IPO Basis of Allotment.

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

The Electrosteel IPO shares will list on October 8, 2010 at BSE, NSE.

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

Electrosteel 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 Electrosteel IPO performance. The performance reports are available 1 day after listing.