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| Issue Open | Jun 20, 2018 |
| Issue Close | Jun 22, 2018 |
| IPO Price | ₹783 |
| Face Value | ₹5 |
| IPO Size | ₹600.20 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 19 |
Fine Organic IPO subscribed 8.77 times. The public issue subscribed 1.19 times in the retail category, 12.85 times in QIB, and 21.00 times in the NII category by Jun 22, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 12.85 |
| Non-Institutional Buyers | 21.00 |
| Retail Investors | 1.19 |
| Employees | [.] |
| Others | [.] |
| Total | 8.77 |
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1 | 0.17 | 0.01 | 0.13 | 0.12 |
Day 2 | 0.64 | 0.05 | 0.40 | 0.40 |
Day 3 | 12.85 | 21.00 | 1.19 | 8.77 |
Fine Organic IPO is a public issue of 5,365,497 equity shares. The issue offers 2,682,748 shares to retail investors, 1,532,999 shares to qualified institutional buyers, and 1,149,750 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,532,999 | 28.57% |
| NII | 1,149,750 | 21.43% |
| Retail | 2,682,748 | 50.00% |
| Total | 5,365,497 | 100% |
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 Fine Organic IPO is subscribed 8.77 by Jun 22, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 12.85 |
| Non Institutional | 21.00 |
| Retail Individual | 1.19 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 8.77 |
An investor can apply in Fine Organic IPO online via bank (using ASBA) or the broker (using UPI). The Fine Organic IPO shares are offered online only.
The Fine Organic IPO is subscribed 8.77 by Jun 22, 2018.
The Fine Organic IPO allotment status is expected on or around Jun 27, 2018. Visit Fine Organic IPO allotment status to check.
Visit Fine Organic IPO subscription status page for real-time bidding information about Fine Organic IPO.
| IPO Opens On | Jun 20, 2018 |
| IPO Closes On | Jun 22, 2018 |
| Finalisation of Basis of Allotment | Jun 27, 2018 |
| Initiation of Refunds | Jun 28, 2018 |
| Credit of Shares to Demat Account | Jun 28, 2018 |
| IPO Listing Date | Jul 2, 2018 |
Useful Articles
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Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
