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| Issue Open | May 7, 2007 |
| Issue Close | May 10, 2007 |
| IPO Price | ₹75 |
| Face Value | ₹10 |
| IPO Size | ₹153.75 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 80 |
Binani Cement IPO subscribed 1.36 times. The public issue subscribed 1.62 times in the retail category, 1.33 times in QIB, and 0.78 times in the NII category by May 10, 2007.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 1.33 |
| Non-Institutional Buyers | 0.78 |
| Retail Investors | 1.62 |
| Employees | [.] |
| Others | [.] |
| Total | 1.36 |
| Date | QIB | NII | RII | EMP | Others | Total |
|---|---|---|---|---|---|---|
| Day 1 May 7, 2007 | 0.00 | 0.00 | 0.04 | 0.01 | ||
| Day 2 May 8, 2007 | 0.00 | 0.01 | 0.12 | 0.04 | ||
| Day 3 May 9, 2007 | 0.16 | 0.03 | 0.25 | 0.17 | ||
| Day 4 May 10, 2007 | 1.33 | 0.78 | 1.62 | 1.36 |
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 Binani Cement IPO is subscribed 1.36 by May 10, 2007.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 1.33 |
| Non Institutional | 0.78 |
| Retail Individual | 1.62 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 1.36 |
An investor can apply in Binani Cement IPO online via bank (using ASBA) or the broker (using UPI). The Binani Cement IPO shares are offered online only.
The Binani Cement IPO is subscribed 1.36 by May 10, 2007.
The Binani Cement IPO allotment status is expected on or around . Visit Binani Cement IPO allotment status to check.
Visit Binani Cement IPO subscription status page for real-time bidding information about Binani Cement IPO.
| IPO Opens On | May 7, 2007 |
| IPO Closes On | May 10, 2007 |
| Finalisation of Basis of Allotment | |
| Initiation of Refunds | |
| Credit of Shares to Demat Account | |
| IPO Listing Date |
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