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March 22, 2019 - March 27, 2019

Northern Spirits IPO FAQ

Northern Spirits IPO Date & Price

The Northern Spirits IPO opens on March 22, 2019 and closes on March 27, 2019.

Sorry the Northern Spirits IPO timelines are not available at this time.

Northern Spirits IPO price is set at ₹43 per equity share.

Northern Spirits IPO will close for subscription at 5 PM on March 27, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The Northern Spirits IPO starts on March 22, 2019. The issue ends on March 27, 2019.

Northern Spirits IPO Issue Size and Subscription Status

The Northern Spirits IPO size is 4302000 Equity Shares of ₹10 aggregating up to ₹18.50 Cr.

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

Northern Spirits IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)2,043,000 Shares
Retail Individual Investor (RII)2,043,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size4,086,000 Shares

Northern Spirits IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)1.83 times times
Retail Individual Investor (RII)0.78 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.30 times times

Click here to check the Northern Spirits 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 Northern Spirits 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 Northern Spirits 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.

Northern Spirits IPO Allotment and Listing

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

Click here to check Northern Spirits IPO Allotment Status.

Northern Spirits IPO listing Date is April 4, 2019. 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 Northern Spirits IPO listing date and time is published by the exchange in a circular.

Click here to view the Northern Spirits IPO Basis of Allotment.

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

The Northern Spirits IPO shares will list on April 4, 2019 at BSE SME.

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

Northern Spirits 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 Northern Spirits IPO performance. The performance reports are available 1 day after listing.