FREE Account Opening + No Clearing Fees
April 17, 2018 - April 19, 2018

Aakash Exploration IPO Subscription Details

Aakash Exploration IPO Subscription Status Live

Aakash Exploration IPO subscribed 1.48 times. The public issue subscribed 1.38 times in the retail category, 1.59 times in Other category by April 19, 2018.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors1.38855,00011,78,0006.60
Total 1.481,710,00025,38,00014.21

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 90,000 equity shares not included.

Aakash Exploration IPO (Day-wise) Subscription Details (times)

Day 1
April 17, 2018
Day 2
April 18, 2018
Day 3
April 19, 2018

Aakash Exploration IPO Shares Offered

Aakash Exploration IPO is a public issue of 1,800,000 equity shares. The issue offers 855,000 shares to retail investors, 855,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker90,0000.505.00%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Aakash Exploration IPO Subscription FAQs

The Aakash Exploration IPO is subscribed 1.48 by April 19, 2018.

Aakash Exploration IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.59
Retail Individual1.38
Employee Reservations[.]
Total Subscription1.48

Retail category of Aakash Exploration IPO subscribed 1.38 times as of date April 19, 2018. The public issue closes on April 19, 2018 for bidding.

An investor can apply in Aakash Exploration IPO online via bank (using ASBA) or the broker (using UPI). The Aakash Exploration IPO shares are offered online only.

The Aakash Exploration IPO is subscribed 1.48 by April 19, 2018.

The Aakash Exploration IPO allotment status is expected on or around April 24, 2018. Visit Aakash Exploration IPO allotment status to check.

The Aakash Exploration IPO listing date is Friday, April 27, 2018. The equity share of Aakash Exploration Services Limited will list on NSE SME.

Visit Aakash Exploration IPO subscription status page for real-time bidding information about Aakash Exploration IPO.

Aakash Exploration IPO Timetable

IPO Opens OnApril 17, 2018
IPO Closes OnApril 19, 2018
Finalisation of Basis of AllotmentApril 24, 2018
Initiation of RefundsApril 25, 2018
Credit of Shares to Demat AccountApril 26, 2018
IPO Listing DateApril 27, 2018