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Binani Cement IPO Subscription Details (Live Status)

Binani Cement IPO Details

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
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Binani Cement IPO Subscription Status Live

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 CategorySubscription (times)
Qualified Institutions1.33
Non-Institutional Buyers0.78
Retail Investors1.62

Binani Cement IPO Subscription Details (times)

Day 1
May 7, 2007
Day 2
May 8, 2007
Day 3
May 9, 2007
Day 4
May 10, 2007

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.

Binani Cement IPO Subscription FAQs

The Binani Cement IPO is subscribed 1.36 by May 10, 2007.

Binani Cement IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.33
Non Institutional0.78
Retail Individual1.62
Employee Reservations[.]
Total Subscription1.36

Retail category of Binani Cement IPO subscribed 1.62 times as of date May 10, 2007. The public issue closes on May 10, 2007 for bidding.

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.

The Binani Cement IPO listing date is Monday, May 28, 2007. The equity share of Binani Cement Limited will list on BSE, NSE.

Visit Binani Cement IPO subscription status page for real-time bidding information about Binani Cement IPO.

Binani Cement IPO Timetable

IPO Opens OnMay 7, 2007
IPO Closes OnMay 10, 2007
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date