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Arihant Institute IPO Subscription Details (Live Status)

Arihant Institute IPO Details

Issue Open May 23, 2018
Issue Close May 28, 2018
IPO Price ₹30
Face Value ₹10
IPO Size ₹7.50 Cr
Listing At BSE SME
IPO Lot Size 4000

Arihant Institute IPO Subscription Status Live

Arihant Institute IPO subscribed 2.20 times. The public issue subscribed 3.71 times in the retail category, [.] times in QIB, and 0.69 times in the NII category by May 28, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers0.69
Retail Investors3.71
Employees[.]
Others[.]
Total2.20

Arihant Institute IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
May 23, 2018

0.00

0.44

0.22

Day 2
May 24, 2018

0.15

0.51

0.33

Day 3
May 25, 2018

0.40

0.79

0.59

Day 4
May 28, 2018

0.69

3.71

2.20


Arihant Institute IPO Shares Offered

Arihant Institute IPO is a public issue of 2,368,000 equity shares. The issue offers 1,184,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,184,000 shares to non-institutional investors.

CategoryShares Offered%
NII1,184,00050.00%
Retail1,184,00050.00%
Total2,368,000100%

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.

Arihant Institute IPO Subscription FAQs

The Arihant Institute IPO is subscribed 2.20 by May 28, 2018.

Arihant Institute IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional0.69
Retail Individual3.71
Employee Reservations[.]
Others[.]
Total Subscription2.20

Retail category of Arihant Institute IPO subscribed 3.71 times as of date May 28, 2018. The public issue closes on May 28, 2018 for bidding.

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

The Arihant Institute IPO is subscribed 2.20 by May 28, 2018.

The Arihant Institute IPO allotment status is expected on or around . Visit Arihant Institute IPO allotment status to check.

The Arihant Institute IPO listing date is Tuesday, June 5, 2018. The equity share of Arihant Institute Limited will list on BSE SME.

Visit Arihant Institute IPO subscription status page for real-time bidding information about Arihant Institute IPO.

Arihant Institute IPO Timetable

IPO Opens OnMay 23, 2018
IPO Closes OnMay 28, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date