Karda Construction IPO Subscription Details (Live Status)

Karda Construction IPO Details

IPO Open Mar 16, 2018
IPO Close Mar 21, 2018
IPO Price ₹180
Face Value ₹10
IPO Size ₹77.40 Cr
Listing At BSE, NSE
Lot Size 80
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Karda Construction IPO Subscription Status Live

Karda Construction IPO subscribed 2.53 times. The public issue subscribed 2.01 times in the retail category, 1.55 times in QIB, and 3.44 times in the NII category by Mar 21, 2018.

Investor CategorySubscription (times)
Qualified Institutions1.55
Non-Institutional Buyers3.44
Retail Investors2.01

Karda Construction IPO Subscription Details (times)

Day 1
Mar 16, 2018
Day 2
Mar 19, 2018
Day 3
Mar 20, 2018
Day 4
Mar 21, 2018

Karda Construction IPO Shares Offered

Karda Construction IPO is a public issue of 4,300,000 equity shares. The issue offers 2,150,000 shares to retail investors, 430,000 shares to qualified institutional buyers, and 1,720,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

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?

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Karda Construction IPO Subscription FAQs

The Karda Construction IPO is subscribed 2.53 by Mar 21, 2018.

Karda Construction IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.55
Non Institutional3.44
Retail Individual2.01
Employee Reservations[.]
Total Subscription2.53

Retail category of Karda Construction IPO subscribed 2.01 times as of date Mar 21, 2018. The public issue closes on Mar 21, 2018 for bidding.

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

The Karda Construction IPO is subscribed 2.53 by Mar 21, 2018.

The Karda Construction IPO allotment status is expected on or around Mar 26, 2018. Visit Karda Construction IPO allotment status to check.

The Karda Construction IPO listing date is Monday, April 2, 2018. The equity share of Karda Construction Ltd will list on BSE, NSE.

Visit Karda Construction IPO subscription status page for real-time bidding information about Karda Construction IPO.

Karda Construction IPO Timetable

IPO Opens OnMar 16, 2018
IPO Closes OnMar 21, 2018
Finalisation of Basis of AllotmentMar 26, 2018
Initiation of RefundsMar 27, 2018
Credit of Shares to Demat AccountMar 28, 2018
IPO Listing DateApr 2, 2018