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Bharat Wire Ropes IPO Subscription Details (Live Status)

Bharat Wire Ropes IPO Details

Issue Open Mar 18, 2016
Issue Close Mar 22, 2016
IPO Price ₹45
Face Value ₹10
IPO Size ₹70.00 Cr
Listing At BSE, NSE
IPO Lot Size 300

Bharat Wire Ropes IPO Subscription Status Live

Bharat Wire Ropes IPO subscribed 1.21 times. The public issue subscribed 2.08 times in the retail category, 1.01 times in QIB, and 2.02 times in the NII category by Mar 22, 2016.

Investor CategorySubscription (times)
Qualified Institutions1.01
Non-Institutional Buyers2.02
Retail Investors2.08
Employees0.10
Others[.]
Total1.21

Bharat Wire Ropes IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal

Day 1
Mar 18, 2016

0.38

0.72

0.27

0.03

0.40

Day 2
Mar 21, 2016

0.52

1.04

0.80

0.07

0.59

Day 3
Mar 22, 2016

1.01

2.02

2.08

0.10

1.21


Bharat Wire Ropes IPO Shares Offered

Bharat Wire Ropes IPO is a public issue of 17,500,000 equity shares. The issue offers 1,662,500 shares to retail investors, 12,468,750 shares to qualified institutional buyers, and 2,493,750 shares to non-institutional investors.

CategoryShares Offered%
QIB12,468,75071.25%
NII2,493,75014.25%
Retail1,662,5009.50%
Employee875,0005.00%
Total17,500,000100%

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.

Bharat Wire Ropes IPO Subscription FAQs

The Bharat Wire Ropes IPO is subscribed 1.21 by Mar 22, 2016.

Bharat Wire Ropes IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.01
Non Institutional2.02
Retail Individual2.08
Employee Reservations0.10
Others[.]
Total Subscription1.21

Retail category of Bharat Wire Ropes IPO subscribed 2.08 times as of date Mar 22, 2016. The public issue closes on Mar 22, 2016 for bidding.

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

The Bharat Wire Ropes IPO is subscribed 1.21 by Mar 22, 2016.

The Bharat Wire Ropes IPO allotment status is expected on or around . Visit Bharat Wire Ropes IPO allotment status to check.

The Bharat Wire Ropes IPO listing date is Friday, April 1, 2016. The equity share of Bharat Wire Ropes Ltd will list on BSE, NSE.

Visit Bharat Wire Ropes IPO subscription status page for real-time bidding information about Bharat Wire Ropes IPO.

Bharat Wire Ropes IPO Timetable

IPO Opens OnMar 18, 2016
IPO Closes OnMar 22, 2016
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date