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Benara Bearings IPO Subscription Details (Live Status)

Benara Bearings IPO Details

Issue Open Mar 20, 2018
Issue Close Mar 22, 2018
IPO Price ₹63
Face Value ₹10
IPO Size ₹33.49 Cr
Listing At BSE SME
IPO Lot Size 2000

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 Mar 22, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.06
Retail Investors2.77
Employees1.18
Others[.]
Total1.91

Benara Bearings IPO Subscription Details (times)

DateNIIRetailEMPTotal

Day 1
Mar 20, 2018

0.19

0.95

0.32

0.57

Day 2
Mar 21, 2018

0.32

1.20

0.66

0.76

Day 3
Mar 22, 2018

1.06

2.77

1.18

1.91


Benara Bearings IPO Shares Offered

Benara Bearings IPO is a public issue of 5,044,000 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 Offered%
NII2,484,00049.25%
Retail2,484,00049.25%
Employee76,0001.51%
Total5,044,000100%

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.

Benara Bearings IPO Subscription FAQs

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

Benara Bearings IPO Subscription

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

Retail category of Benara Bearings IPO subscribed 2.77 times as of date Mar 22, 2018. The public issue closes on Mar 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 Mar 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 OnMar 20, 2018
IPO Closes OnMar 22, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date