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February 27, 2024 - February 29, 2024

Platinum Industries IPO FAQ

Platinum Industries IPO Date & Price

The Platinum Industries IPO opens on February 27, 2024 and closes on February 29, 2024.

Platinum Industries IPO timetable / schedule is as below:
  • Bid/Offer Opens On: February 27, 2024
  • Bid/Offer Closes On: February 29, 2024
  • Finalization of Basis of Allotment: March 1, 2024
  • Initiation of refunds: March 4, 2024
  • Credit of Equity Shares: March 4, 2024
  • Listing Date: March 5, 2024

Platinum Industries IPO price is set at ₹171 per equity share.

Platinum Industries IPO will close for subscription at 5 PM on February 29, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Platinum Industries IPO starts on February 27, 2024. The issue ends on February 29, 2024.

Platinum Industries IPO Issue Size and Subscription Status

The Platinum Industries IPO size is 13761225 Equity Shares of ₹10 aggregating up to ₹235.32 Cr.

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

Platinum Industries IPO Offer Size

Qualified Institutional Buyers (QIB)2,752,375 Shares
Non-Institutional Investors (NII)2,064,184 Shares
Retail Individual Investor (RII)4,816,429 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size9,632,988 Shares

Platinum Industries IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)151.00 times times
Non-Institutional Investors (NII)141.79 times times
Retail Individual Investor (RII)50.92 times times
Employee Reservations times
Other Reservations times
Total Issue Size98.99 times times

Click here to check the Platinum Industries 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 Platinum Industries 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 Platinum Industries 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.

Platinum Industries IPO Allotment and Listing

The Platinum Industries IPO allot status will be available online on March 1, 2024. Check the Platinum Industries IPO Allotment Status here.

Click here to check Platinum Industries IPO Allotment Status.

Platinum Industries IPO listing Date is March 5, 2024. 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 Platinum Industries IPO listing date and time is published by the exchange in a circular.

Click here to view the Platinum Industries IPO Basis of Allotment.

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

The Platinum Industries IPO shares will list on March 5, 2024 at BSE, NSE.

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

Platinum Industries 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 Platinum Industries IPO performance. The performance reports are available 1 day after listing.