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Advait Infratech SME IPO Subscription Details (Live Status)

Advait Infratech SME IPO Details

Issue Open Sep 15, 2020
Issue Close Sep 18, 2020
IPO Price ₹51
Face Value ₹10
IPO Size ₹6.89 Cr
Listing At BSE SME
IPO Lot Size 2000

Advait Infratech SME IPO Subscription Status Live

Advait Infratech SME IPO subscribed 1.92 times. The public issue subscribed 2.32 times in the retail category, [.] times in QIB, and 1.53 times in the NII category by Sep 18, 2020.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.53
Retail Investors2.32
Employees[.]
Others[.]
Total1.92

Advait Infratech SME IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
Sep 15, 2020

0.05

0.13

0.09

Day 2
Sep 16, 2020

0.91

0.54

0.73

Day 3
Sep 17, 2020

1.37

1.43

1.40

Day 4
Sep 18, 2020

1.53

2.32

1.92


Advait Infratech SME IPO Shares Offered

Advait Infratech SME IPO is a public issue of 1,350,000 equity shares. The issue offers 675,000 shares to retail investors, 0 shares to qualified institutional buyers, and 675,000 shares to non-institutional investors.

CategoryShares Offered%
NII675,00050.00%
Retail675,00050.00%
Total1,350,000100%

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)

    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.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Advait Infratech SME IPO Subscription FAQs

The Advait Infratech SME IPO is subscribed 1.92 by Sep 18, 2020.

Advait Infratech SME IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.53
Retail Individual2.32
Employee Reservations[.]
Others[.]
Total Subscription1.92

Retail category of Advait Infratech SME IPO subscribed 2.32 times as of date Sep 18, 2020. The public issue closes on Sep 18, 2020 for bidding.

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

The Advait Infratech SME IPO is subscribed 1.92 by Sep 18, 2020.

The Advait Infratech SME IPO allotment status is expected on or around Sep 25, 2020. Visit Advait Infratech SME IPO allotment status to check.

The Advait Infratech SME IPO listing date is Monday, September 28, 2020. The equity share of Advait Infratech Limited will list on BSE SME.

Visit Advait Infratech SME IPO subscription status page for real-time bidding information about Advait Infratech SME IPO.

Advait Infratech SME IPO Timetable

IPO Opens OnSep 15, 2020
IPO Closes OnSep 18, 2020
Finalisation of Basis of AllotmentSep 25, 2020
Initiation of RefundsSep 28, 2020
Credit of Shares to Demat AccountSep 29, 2020
IPO Listing DateSep 30, 2020