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January 23, 2018 - January 25, 2018

Ashoka Metcast IPO Subscription Details

Ashoka Metcast IPO Subscription Status Live

Ashoka Metcast IPO subscribed 1.57 times. The public issue subscribed 2.63 times in the retail category, 0.51 times in Other category by January 25, 2018.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors2.632,844,00074,82,00014.96
Total 1.575,688,00089,22,00017.84

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

* Market Maker portion of 312,000 equity shares not included.

Ashoka Metcast IPO (Day-wise) Subscription Details (times)

Day 1
January 23, 2018
Day 2
January 24, 2018
Day 3
January 25, 2018

Ashoka Metcast IPO Shares Offered

Ashoka Metcast IPO is a public issue of 6,000,000 equity shares. The issue offers 2,844,000 shares to retail investors, 2,844,000 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 Maker312,0000.625.20%

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.

Ashoka Metcast IPO Subscription FAQs

The Ashoka Metcast IPO is subscribed 1.57 by January 25, 2018.

Ashoka Metcast IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional0.51
Retail Individual2.63
Employee Reservations[.]
Total Subscription1.57

Retail category of Ashoka Metcast IPO subscribed 2.63 times as of date January 25, 2018. The public issue closes on January 25, 2018 for bidding.

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

The Ashoka Metcast IPO is subscribed 1.57 by January 25, 2018.

The Ashoka Metcast IPO allotment status is expected on or around . Visit Ashoka Metcast IPO allotment status to check.

The Ashoka Metcast IPO listing date is Monday, February 5, 2018. The equity share of Ashoka Metcast Limited will list on BSE SME.

Visit Ashoka Metcast IPO subscription status page for real-time bidding information about Ashoka Metcast IPO.

Ashoka Metcast IPO Timetable

IPO Opens OnJanuary 23, 2018
IPO Closes OnJanuary 25, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date