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Axita Cotton IPO Subscription Details (Live Status)

Axita Cotton IPO Details

Issue Open Dec 27, 2018
Issue Close Jan 2, 2019
IPO Price ₹60
Face Value ₹10
IPO Size ₹10.51 Cr
Listing At BSE SME
IPO Lot Size 2000

Axita Cotton IPO Subscription Status Live

Axita Cotton IPO subscribed 1.98 times. The public issue subscribed 1.55 times in the retail category, [.] times in QIB, and 2.40 times in the NII category by Jan 2, 2019.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers2.40
Retail Investors1.55
Employees[.]
Others[.]
Total1.98

Axita Cotton IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
Dec 27, 2018

1.03

0.24

0.64

Day 2
Dec 28, 2018

1.63

0.48

1.06

Day 3
Dec 31, 2018

1.63

0.74

1.19

Day 4
Jan 1, 2019

1.66

1.05

1.35

Day 5
Jan 2, 2019

2.40

1.55

1.98


Axita Cotton IPO Shares Offered

Axita Cotton IPO is a public issue of 1,660,000 equity shares. The issue offers 830,000 shares to retail investors, 0 shares to qualified institutional buyers, and 830,000 shares to non-institutional investors.

CategoryShares Offered%
NII830,00050.00%
Retail830,00050.00%
Total1,660,000100%

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.

Axita Cotton IPO Subscription FAQs

The Axita Cotton IPO is subscribed 1.98 by Jan 2, 2019.

Axita Cotton IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.40
Retail Individual1.55
Employee Reservations[.]
Others[.]
Total Subscription1.98

Retail category of Axita Cotton IPO subscribed 1.55 times as of date Jan 2, 2019. The public issue closes on Jan 2, 2019 for bidding.

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

The Axita Cotton IPO is subscribed 1.98 by Jan 2, 2019.

The Axita Cotton IPO allotment status is expected on or around Jan 7, 2019. Visit Axita Cotton IPO allotment status to check.

The Axita Cotton IPO listing date is Thursday, January 10, 2019. The equity share of Axita Cotton Limited will list on BSE SME.

Visit Axita Cotton IPO subscription status page for real-time bidding information about Axita Cotton IPO.

Axita Cotton IPO Timetable

IPO Opens OnDec 27, 2018
IPO Closes OnJan 2, 2019
Finalisation of Basis of AllotmentJan 7, 2019
Initiation of RefundsJan 8, 2019
Credit of Shares to Demat AccountJan 9, 2019
IPO Listing DateJan 10, 2019