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Innovative Ideals IPO Subscription Details (Live Status)

Innovative Ideals IPO Details

Issue Open Sep 24, 2018
Issue Close Sep 26, 2018
IPO Price ₹40
Face Value ₹10
IPO Size ₹12.26 Cr
Listing At BSE SME
IPO Lot Size 3000

Innovative Ideals IPO Subscription Status Live

Innovative Ideals IPO subscribed 1.30 times. The public issue subscribed 1.58 times in the retail category, [.] times in QIB, and 1.01 times in the NII category by Sep 26, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.01
Retail Investors1.58
Employees[.]
Others[.]
Total1.30

Innovative Ideals IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
Sep 24, 2018

0.21

0.05

0.13

Day 2
Sep 25, 2018

0.27

0.10

0.18

Day 3
Sep 26, 2018

1.01

1.58

1.30


Innovative Ideals IPO Shares Offered

Innovative Ideals IPO is a public issue of 2,911,000 equity shares. The issue offers 1,455,500 shares to retail investors, 0 shares to qualified institutional buyers, and 1,455,500 shares to non-institutional investors.

CategoryShares Offered%
NII1,455,50050.00%
Retail1,455,50050.00%
Total2,911,000100%

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)

    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.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Innovative Ideals IPO Subscription FAQs

The Innovative Ideals IPO is subscribed 1.30 by Sep 26, 2018.

Innovative Ideals IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.01
Retail Individual1.58
Employee Reservations[.]
Others[.]
Total Subscription1.30

Retail category of Innovative Ideals IPO subscribed 1.58 times as of date Sep 26, 2018. The public issue closes on Sep 26, 2018 for bidding.

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

The Innovative Ideals IPO is subscribed 1.30 by Sep 26, 2018.

The Innovative Ideals IPO allotment status is expected on or around Oct 1, 2018. Visit Innovative Ideals IPO allotment status to check.

The Innovative Ideals IPO listing date is Friday, October 5, 2018. The equity share of Innovative Ideals and Services (India) Limited will list on BSE SME.

Visit Innovative Ideals IPO subscription status page for real-time bidding information about Innovative Ideals IPO.

Innovative Ideals IPO Timetable

IPO Opens OnSep 24, 2018
IPO Closes OnSep 26, 2018
Finalisation of Basis of AllotmentOct 1, 2018
Initiation of RefundsOct 3, 2018
Credit of Shares to Demat AccountOct 4, 2018
IPO Listing DateOct 5, 2018