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| Issue Open | Oct 10, 2018 |
| Issue Close | Oct 12, 2018 |
| IPO Price | ₹90 |
| Face Value | ₹10 |
| IPO Size | ₹11.07 Cr |
| Listing At | NSE SME |
| IPO Lot Size | 1600 |
Iris Clothings DoReMe IPO subscribed 1.14 times. The public issue subscribed 0.27 times in the retail category, [.] times in QIB, and 2.01 times in the NII category by Oct 12, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 2.01 |
| Retail Investors | 0.27 |
| Employees | [.] |
| Others | [.] |
| Total | 1.14 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 0.13 | 0.02 | 0.07 |
Day 2 | 1.68 | 0.10 | 0.89 |
Day 3 | 2.01 | 0.27 | 1.14 |
Iris Clothings DoReMe IPO is a public issue of 1,168,000 equity shares. The issue offers 584,000 shares to retail investors, 0 shares to qualified institutional buyers, and 584,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 584,000 | 50.00% |
| Retail | 584,000 | 50.00% |
| Total | 1,168,000 | 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 Iris Clothings DoReMe IPO is subscribed 1.14 by Oct 12, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 2.01 |
| Retail Individual | 0.27 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 1.14 |
An investor can apply in Iris Clothings DoReMe IPO online via bank (using ASBA) or the broker (using UPI). The Iris Clothings DoReMe IPO shares are offered online only.
The Iris Clothings DoReMe IPO is subscribed 1.14 by Oct 12, 2018.
The Iris Clothings DoReMe IPO allotment status is expected on or around Oct 17, 2018. Visit Iris Clothings DoReMe IPO allotment status to check.
Visit Iris Clothings DoReMe IPO subscription status page for real-time bidding information about Iris Clothings DoReMe IPO.
| IPO Opens On | Oct 10, 2018 |
| IPO Closes On | Oct 12, 2018 |
| Finalisation of Basis of Allotment | Oct 17, 2018 |
| Initiation of Refunds | Oct 17, 2018 |
| Credit of Shares to Demat Account | Oct 19, 2018 |
| IPO Listing Date | Oct 23, 2018 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
