FREE Account Opening + No Clearing Fees
Loading...
January 24, 2020 - February 5, 2020

ITI FPO FAQ

ITI FPO Date & Price

The ITI FPO opens on January 24, 2020 and closes on February 5, 2020.

ITI FPO timetable / schedule is as below:
  • Bid/Offer Opens On: January 24, 2020
  • Bid/Offer Closes On: February 5, 2020
  • Finalization of Basis of Allotment: January 31, 2020
  • Initiation of refunds: February 3, 2020
  • Credit of Equity Shares: February 4, 2020
  • Listing Date: February 5, 2020

ITI FPO is a Book Building IPO. The price band for the IPO shares is set between 71 to 71.

ITI FPO will close for subscription at 5 PM on February 5, 2020. But most brokers stop accepting application between 1 PM to 3 PM.

The ITI FPO starts on January 24, 2020. The issue ends on February 5, 2020.

ITI FPO Issue Size and Subscription Status

The ITI FPO size is 181800000 Equity Shares of ₹10 aggregating up to ₹1,399.86 Cr.

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

ITI FPO Offer Size

Qualified Institutional Buyers (QIB)135,000,000 Shares
Non-Institutional Investors (NII)27,000,000 Shares
Retail Individual Investor (RII)18,000,000 Shares
Employee Reservations1,800,000 Shares
Other Reservations0 Shares
Total Issue Size181,800,000 Shares

ITI FPO IPO Subscription Status

Qualified Institutional Buyers (QIB)0.63 times times
Non-Institutional Investors (NII)0.23 times times
Retail Individual Investor (RII)1.06 times times
Employee Reservations0.98 times times
Other Reservations times
Total Issue Size0.62 times times

Click here to check the ITI FPO 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 ITI FPO.

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 ITI FPO 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.

ITI FPO Allotment and Listing

The ITI FPO allot status will be available online on January 31, 2020. Check the ITI FPO Allotment Status here.

The ITI FPO Allotment Status is not available online at this time.

The ITI FPO listing data are not available. The date is published by the exchange a couple of days before IPO shares listing.

Click here to view the ITI FPO Basis of Allotment.

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

The ITI FPO shares are proposed to list on January 31, 2020 at BSE, NSE. The actual listing date will be announce by the exchange.

ITI FPO - 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 ITI FPO which could help you with questions like ITI FPO buy or not? You should also read ITI FPO 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.

ITI FPO 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 ITI FPO performance. The performance reports are available 1 day after listing.

1 Comments

1. HHD     Link|January 27, 2020 12:02:47 PM
ITI ltd is already listed, will there be another listing of this FPO issue ?