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Hariom Pipe Industries IPO Subscription Details (Live Status)

Hariom Pipe Industries IPO Details

IPO Open Mar 30, 2022
IPO Close Apr 5, 2022
IPO Price ₹153
Face Value ₹10
IPO Size ₹130.05 Cr
Listing At BSE, NSE
Lot Size 98
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Hariom Pipe Industries IPO Subscription Status Live

Hariom Pipe Industries IPO subscribed 7.93 times. The public issue subscribed 12.15 times in the retail category, 1.91 times in QIB, and 8.87 times in the NII category by Apr 5, 2022.

Investor CategorySubscription (times)
Qualified Institutions1.91
Non-Institutional Buyers8.87
Retail Investors12.15
Employees[.]
Others[.]
Total7.93

Hariom Pipe Industries IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Mar 30, 2022
0.000.031.880.67
Day 2
Mar 31, 2022
0.440.323.551.48
Day 3
Apr 1, 2022
0.440.334.661.88
Day 4
Apr 4, 2022
0.831.937.183.44
Day 5
Apr 5, 2022
1.918.8712.157.93

Hariom Pipe Industries IPO Shares Offered

Hariom Pipe Industries IPO is a public issue of 8,500,000 equity shares. The issue offers 2,975,000 shares to retail investors, 2,550,000 shares to qualified institutional buyers, and 2,975,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB2,550,00039.0230.00%
NII2,975,00045.5235.00%
Retail2,975,00045.5235.00%
Total8,500,000130.05100%

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.

Hariom Pipe Industries IPO Subscription FAQs

The Hariom Pipe Industries IPO is subscribed 7.93 by Apr 5, 2022.

Hariom Pipe Industries IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.91
Non Institutional8.87
Retail Individual12.15
Employee Reservations[.]
Others[.]
Total Subscription7.93

Retail category of Hariom Pipe Industries IPO subscribed 12.15 times as of date Apr 5, 2022. The public issue closes on Apr 5, 2022 for bidding.

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

The Hariom Pipe Industries IPO is subscribed 7.93 by Apr 5, 2022.

The Hariom Pipe Industries IPO allotment status is expected on or around Apr 8, 2022. Visit Hariom Pipe Industries IPO allotment status to check.

The Hariom Pipe Industries IPO listing date is Wednesday, April 13, 2022. The equity share of Hariom Pipe Industries Limited will list on BSE, NSE.

Visit Hariom Pipe Industries IPO subscription status page for real-time bidding information about Hariom Pipe Industries IPO.

Hariom Pipe Industries IPO Timetable

IPO Opens OnMar 30, 2022
IPO Closes OnApr 5, 2022
Finalisation of Basis of AllotmentApr 8, 2022
Initiation of RefundsApr 11, 2022
Credit of Shares to Demat AccountApr 12, 2022
IPO Listing DateApr 13, 2022

2 Comments

2. Rohit     Link|Apr 6, 2022 6:03:31 PM
Because of hni funding.
1. PRINCE SOLANKI     Link|Apr 5, 2022 1:12:26 PM
Why subscribe is so low ?