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April 30, 2019 - May 3, 2019

Evans Electric IPO Subscription Details

Evans Electric IPO Subscription Status Live

Evans Electric IPO subscribed 1.59 times. The public issue subscribed 0.56 times in the retail category, 2.63 times in Other category by May 3, 2019.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors0.56176,00098,0000.51
Total 1.59352,0005,60,0002.91

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 20,000 equity shares not included.

Evans Electric IPO (Day-wise) Subscription Details (times)

Day 1
April 30, 2019
Day 2
May 1, 2019
Day 3
May 2, 2019
Day 4
May 3, 2019

Evans Electric IPO Shares Offered

Evans Electric IPO is a public issue of 372,000 equity shares. The issue offers 176,000 shares to retail investors, 176,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker20,0000.105.38%

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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Evans Electric IPO Subscription FAQs

The Evans Electric IPO is subscribed 1.59 by May 3, 2019.

Evans Electric IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.63
Retail Individual0.56
Employee Reservations[.]
Total Subscription1.59

Retail category of Evans Electric IPO subscribed 0.56 times as of date May 3, 2019. The public issue closes on May 3, 2019 for bidding.

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

The Evans Electric IPO is subscribed 1.59 by May 3, 2019.

The Evans Electric IPO allotment status is expected on or around May 8, 2019. Visit Evans Electric IPO allotment status to check.

The Evans Electric IPO listing date is Monday, May 13, 2019. The equity share of Evans Electric Limited will list on BSE SME.

Visit Evans Electric IPO subscription status page for real-time bidding information about Evans Electric IPO.

Evans Electric IPO Timetable

IPO Opens OnApril 30, 2019
IPO Closes OnMay 3, 2019
Finalisation of Basis of AllotmentMay 8, 2019
Initiation of RefundsMay 9, 2019
Credit of Shares to Demat AccountMay 10, 2019
IPO Listing DateMay 13, 2019