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| Issue Open | Mar 12, 2019 |
| Issue Close | Mar 18, 2019 |
| IPO Price | ₹34 |
| Face Value | ₹10 |
| IPO Size | ₹7.21 Cr |
| Listing At | BSE SME |
| IPO Lot Size | 4000 |
Aartech Solonics IPO subscribed 2.00 times. The public issue subscribed 1.64 times in the retail category, [.] times in QIB, and 2.35 times in the NII category by Mar 18, 2019.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 2.35 |
| Retail Investors | 1.64 |
| Employees | [.] |
| Others | [.] |
| Total | 2.00 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 1.23 | 0.29 | 0.76 |
Day 2 | 1.53 | 0.49 | 1.01 |
Day 3 | 1.82 | 0.94 | 1.38 |
Day 4 | 1.83 | 1.12 | 1.47 |
Day 5 | 2.35 | 1.64 | 2.00 |
Aartech Solonics IPO is a public issue of 2,008,000 equity shares. The issue offers 1,004,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,004,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 1,004,000 | 50.00% |
| Retail | 1,004,000 | 50.00% |
| Total | 2,008,000 | 100% |
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.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Aartech Solonics IPO is subscribed 2.00 by Mar 18, 2019.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 2.35 |
| Retail Individual | 1.64 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 2.00 |
An investor can apply in Aartech Solonics IPO online via bank (using ASBA) or the broker (using UPI). The Aartech Solonics IPO shares are offered online only.
The Aartech Solonics IPO is subscribed 2.00 by Mar 18, 2019.
The Aartech Solonics IPO allotment status is expected on or around Mar 22, 2019. Visit Aartech Solonics IPO allotment status to check.
Visit Aartech Solonics IPO subscription status page for real-time bidding information about Aartech Solonics IPO.
| IPO Opens On | Mar 12, 2019 |
| IPO Closes On | Mar 18, 2019 |
| Finalisation of Basis of Allotment | Mar 22, 2019 |
| Initiation of Refunds | Mar 25, 2019 |
| Credit of Shares to Demat Account | Mar 25, 2019 |
| IPO Listing Date | Mar 28, 2019 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
