FREE Account Opening + No Clearing Fees
March 20, 2018 - March 22, 2018

Benara Bearings IPO Subscription Details

Benara Bearings IPO Subscription Status Live

Benara Bearings IPO subscribed 1.91 times. The public issue subscribed 2.77 times in the retail category, [.] times in QIB, and 1.06 times in the NII category by March 22, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions[.]012,0000.08
Non-Institutional Buyers1.062,484,00026,32,00016.58
Retail Investors2.772,484,00068,84,00043.37
Total 1.915,044,00096,18,00060.59

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

* Market Maker portion of 272,000 equity shares not included.

Benara Bearings IPO (Day-wise) Subscription Details (times)

Day 1
March 20, 2018
Day 2
March 21, 2018
Day 3
March 22, 2018

Benara Bearings IPO Shares Offered

Benara Bearings IPO is a public issue of 5,316,000 equity shares. The issue offers 2,484,000 shares to retail investors, 0 shares to qualified institutional buyers, and 2,484,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker272,0001.715.12%

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.

Benara Bearings IPO Subscription FAQs

The Benara Bearings IPO is subscribed 1.91 by March 22, 2018.

Benara Bearings IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.06
Retail Individual2.77
Employee Reservations1.18
Total Subscription1.91

Retail category of Benara Bearings IPO subscribed 2.77 times as of date March 22, 2018. The public issue closes on March 22, 2018 for bidding.

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

The Benara Bearings IPO is subscribed 1.91 by March 22, 2018.

The Benara Bearings IPO allotment status is expected on or around . Visit Benara Bearings IPO allotment status to check.

The Benara Bearings IPO listing date is Tuesday, April 3, 2018. The equity share of Benara Bearings & Pistons Ltd will list on BSE SME.

Visit Benara Bearings IPO subscription status page for real-time bidding information about Benara Bearings IPO.

Benara Bearings IPO Timetable

IPO Opens OnMarch 20, 2018
IPO Closes OnMarch 22, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date