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January 25, 2019 - January 29, 2019

Surani Steel IPO FAQ

Surani Steel IPO Date & Price

The Surani Steel IPO opens on January 25, 2019 and closes on January 29, 2019.

Sorry the Surani Steel IPO timelines are not available at this time.

Surani Steel IPO price is set at ₹52 per equity share.

Surani Steel IPO will close for subscription at 5 PM on January 29, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The Surani Steel IPO starts on January 25, 2019. The issue ends on January 29, 2019.

Surani Steel IPO Issue Size and Subscription Status

The Surani Steel IPO size is 2484000 Equity Shares of ₹10 aggregating up to ₹12.92 Cr.

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

Surani Steel IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,242,000 Shares
Retail Individual Investor (RII)1,242,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,358,000 Shares

Surani Steel IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)1.70 times times
Retail Individual Investor (RII)1.23 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.55 times times

Click here to check the Surani Steel 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 Surani Steel 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 Surani Steel 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.

Surani Steel IPO Allotment and Listing

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

Click here to check Surani Steel IPO Allotment Status.

Surani Steel IPO listing Date is February 6, 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 Surani Steel IPO listing date and time is published by the exchange in a circular.

Click here to view the Surani Steel IPO Basis of Allotment.

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

The Surani Steel IPO shares will list on February 6, 2019 at NSE SME.

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

Surani Steel 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 Surani Steel IPO performance. The performance reports are available 1 day after listing.