Loading...

Elin Electronics IPO Details

IPO Open Dec 20, 2022
IPO Close Dec 22, 2022
IPO Price ₹247
Face Value ₹5
IPO Size ₹475.00 Cr
Listing At BSE, NSE
Lot Size 60
Open an Instant Account with Zerodha

Elin Electronics IPO Subscription Status Live

Elin Electronics IPO subscribed 3.09 times. The public issue subscribed 2.20 times in the retail category, 4.51 times in QIB, and 3.29 times in the NII category by Dec 22, 2022.

Investor CategorySubscription (times)
Qualified Institutions4.51
Non-Institutional Buyers3.29
  bNII (bids above ₹10L)2.99
  sNII (bids below ₹10L)3.89
Retail Investors2.20
Employees[.]
Others[.]
Total3.09

Elin Electronics IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Dec 20, 2022
0.010.430.550.37
Day 2
Dec 21, 2022
0.011.291.330.95
Day 3
Dec 22, 2022
4.513.292.203.09

Elin Electronics IPO Shares Offered

Elin Electronics IPO is a public issue of 14,209,386 equity shares. The issue offers 7,104,693 shares to retail investors, 4,059,824 shares to qualified institutional buyers, and 3,044,869 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB4,059,824100.2828.57%
NII3,044,86975.2121.43%
    bNII (bids above ₹10L)2,029,91250.1414.29%
    sNII (bids below ₹10L)1,014,95725.077.14%
Retail7,104,693175.4950.00%
Total14,209,386350.97100%

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 subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Elin Electronics IPO Subscription FAQs

The Elin Electronics IPO is subscribed 3.09 by Dec 22, 2022.

Elin Electronics IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional4.51
Non Institutional3.29
Retail Individual2.20
Employee Reservations[.]
Others[.]
Total Subscription3.09

Retail category of Elin Electronics IPO subscribed 2.20 times as of date Dec 22, 2022. The public issue closes on Dec 22, 2022 for bidding.

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

The Elin Electronics IPO is subscribed 3.09 by Dec 22, 2022.

The Elin Electronics IPO allotment status is expected on or around Dec 27, 2022. Visit Elin Electronics IPO allotment status to check.

The Elin Electronics IPO listing date is Friday, December 30, 2022. The equity share of Elin Electronics Limited will list on BSE, NSE.

Visit Elin Electronics IPO subscription status page for real-time bidding information about Elin Electronics IPO.

Elin Electronics IPO Timetable

IPO Opens OnDec 20, 2022
IPO Closes OnDec 22, 2022
Finalisation of Basis of AllotmentDec 27, 2022
Initiation of RefundsDec 28, 2022
Credit of Shares to Demat AccountDec 29, 2022
IPO Listing DateDec 30, 2022