Chittorgarh.com Logo
Loading...

Gensol Engineering IPO Subscription Details (Live Status)

Gensol Engineering IPO Details

IPO Open Sep 30, 2019
IPO Close Oct 4, 2019
IPO Price ₹83
Face Value ₹10
IPO Size ₹17.93 Cr
Listing At BSE SME
Lot Size 1600
Open an Instant Account with Zerodha

Gensol Engineering IPO Subscription Status Live

Gensol Engineering IPO subscribed 1.32 times. The public issue subscribed 0.37 times in the retail category, [.] times in QIB, and 2.27 times in the NII category by Oct 4, 2019.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers2.27
Retail Investors0.37
Employees[.]
Others[.]
Total1.32

Gensol Engineering IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 30, 2019
1.330.050.69
Day 2
Oct 1, 2019
1.350.110.73
Day 3
Oct 3, 2019
1.440.170.80
Day 4
Oct 4, 2019
2.270.371.32

Gensol Engineering IPO Shares Offered

Gensol Engineering IPO is a public issue of 2,051,200 equity shares. The issue offers 1,025,600 shares to retail investors, 0 shares to qualified institutional buyers, and 1,025,600 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII1,025,6008.5150.00%
Retail1,025,6008.5150.00%
Total2,051,20017.02100%

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.

Gensol Engineering IPO Subscription FAQs

The Gensol Engineering IPO is subscribed 1.32 by Oct 4, 2019.

Gensol Engineering IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.27
Retail Individual0.37
Employee Reservations[.]
Others[.]
Total Subscription1.32

Retail category of Gensol Engineering IPO subscribed 0.37 times as of date Oct 4, 2019. The public issue closes on Oct 4, 2019 for bidding.

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

The Gensol Engineering IPO is subscribed 1.32 by Oct 4, 2019.

The Gensol Engineering IPO allotment status is expected on or around Oct 10, 2019. Visit Gensol Engineering IPO allotment status to check.

The Gensol Engineering IPO listing date is Tuesday, October 15, 2019. The equity share of Gensol Engineering Limited will list on BSE SME.

Visit Gensol Engineering IPO subscription status page for real-time bidding information about Gensol Engineering IPO.

Gensol Engineering IPO Timetable

IPO Opens OnSep 30, 2019
IPO Closes OnOct 4, 2019
Finalisation of Basis of AllotmentOct 10, 2019
Initiation of RefundsOct 11, 2019
Credit of Shares to Demat AccountOct 14, 2019
IPO Listing DateOct 15, 2019