FREE Account Opening + No Clearing Fees
Loading...
September 26, 2024 - September 30, 2024

Forge Auto International IPO Subscription Details

Forge Auto International IPO Subscription Status Live

Forge Auto International IPO subscribed 49.28 times. The public issue subscribed 61.95 times in the retail category, 20.13 times in QIB, and 58.55 times in the NII category by September 30, 2024 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions20.13547,2001,10,13,600118.95
Non-Institutional Buyers*58.55410,4002,40,30,000259.52
Retail Investors61.95957,6005,93,28,000640.74
Employees[.]000
Others[.]000
Total *49.281,915,2009,43,71,6001,019.21

Total Application : 49,440 (61.95 times)

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

* Market Maker portion of 146,400 equity shares not included.


Forge Auto International IPO (Day-wise) Subscription Details (times)

DateQIBNII*RetailTotal
Day 1
September 26, 2024
6.552.354.474.61
Day 2
September 27, 2024
7.405.8715.7911.27
Day 3
September 30, 2024
20.1358.5561.9549.28

Forge Auto International IPO Shares Offered

Forge Auto International IPO is a public issue of 2,880,000 equity shares. The issue offers 957,600 shares to retail investors, 547,200 shares to qualified institutional buyers, and 410,400 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor818,4008.8428.42%
Market Maker146,4001.585.08%
QIB547,2005.9119.00%
NII*410,4004.4314.25%
Retail957,60010.3433.25%
Total2,880,00031.10100%

Forge Auto International IPO Anchor Investor Allocation

A total of 8,18,400 shares at a price of Rs 0 per share will be allotted to the anchor investors.

S.No.Name of Anchor InvestorNo. of Shares AllocatedBid Price Per Share (Rs.)Anchor Investor Portion (%)Total Amount Allocated (Rs.)
1Finavenue Growth Fund1,86,00010822.732,00,88,000
2Ashika Global Securities Private Limited1,05,60010812.91,14,04,800
3IMAP India Capital Investment Trust1,05,60010812.91,14,04,800
4J4S Venture Fund1,05,60010812.91,14,04,800
5Shinestar Built Cap Pvt Limited1,05,60010812.91,14,04,800
6Tattvam AIF Trust1,05,60010812.91,14,04,800
7Rajasthan Global Securities Pvt. Limited1,04,40010812.761,12,75,200
8,18,4001008,83,87,200

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 Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, 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.

Forge Auto International IPO Subscription FAQs

The Forge Auto International IPO is subscribed 49.28 by September 30, 2024.

Forge Auto International IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional20.13
Non Institutional58.55
Retail Individual61.95
Employee Reservations[.]
Others[.]
Total Subscription49.28

Retail category of Forge Auto International IPO subscribed 61.95 times as of date September 30, 2024. The public issue closes on September 30, 2024 for bidding.

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

The Forge Auto International IPO is subscribed 49.28 by September 30, 2024.

The Forge Auto International IPO allotment status is expected on or around October 1, 2024. Visit Forge Auto International IPO allotment status to check.

The Forge Auto International IPO listing date is Friday, October 4, 2024. The equity share of Forge Auto International Limited will list on NSE SME.

Visit Forge Auto International IPO subscription status page for real-time bidding information about Forge Auto International IPO.

Forge Auto International IPO Timetable

IPO Opens OnSeptember 26, 2024
IPO Closes OnSeptember 30, 2024
Finalisation of Basis of AllotmentOctober 1, 2024
Initiation of RefundsOctober 3, 2024
Credit of Shares to Demat AccountOctober 3, 2024
IPO Listing DateOctober 4, 2024

Comments

Add a public comment...