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| Issue Open | Sep 18, 2020 |
| Issue Close | Sep 25, 2020 |
| IPO Price | ₹40 |
| Face Value | ₹10 |
| IPO Size | ₹4.50 Cr |
| Listing At | BSE SME |
| IPO Lot Size | 3000 |
Atam Valves SME IPO subscribed 2.91 times. The public issue subscribed 3.35 times in the retail category, [.] times in QIB, and 2.48 times in the NII category by Sep 25, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 2.48 |
| Retail Investors | 3.35 |
| Employees | [.] |
| Others | [.] |
| Total | 2.91 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 1.66 | 0.15 | 0.90 |
Day 2 | 2.09 | 1.10 | 1.59 |
Day 3 | 2.17 | 1.55 | 1.86 |
Day 4 | 2.17 | 1.95 | 2.06 |
Day 5 | 2.41 | 2.75 | 2.58 |
Day 6 | 2.48 | 3.35 | 2.91 |
Atam Valves SME IPO is a public issue of 1,125,000 equity shares. The issue offers 562,500 shares to retail investors, 0 shares to qualified institutional buyers, and 562,500 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 562,500 | 50.00% |
| Retail | 562,500 | 50.00% |
| Total | 1,125,000 | 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 Atam Valves SME IPO is subscribed 2.91 by Sep 25, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 2.48 |
| Retail Individual | 3.35 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 2.91 |
An investor can apply in Atam Valves SME IPO online via bank (using ASBA) or the broker (using UPI). The Atam Valves SME IPO shares are offered online only.
The Atam Valves SME IPO is subscribed 2.91 by Sep 25, 2020.
The Atam Valves SME IPO allotment status is expected on or around Sep 30, 2020. Visit Atam Valves SME IPO allotment status to check.
Visit Atam Valves SME IPO subscription status page for real-time bidding information about Atam Valves SME IPO.
| IPO Opens On | Sep 18, 2020 |
| IPO Closes On | Sep 25, 2020 |
| Finalisation of Basis of Allotment | Sep 30, 2020 |
| Initiation of Refunds | Oct 1, 2020 |
| Credit of Shares to Demat Account | Oct 5, 2020 |
| IPO Listing Date | Oct 6, 2020 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
