Lagnam Spintex IPO Subscription Details (Live Status)

Lagnam Spintex IPO Details

IPO Open Sep 4, 2018
IPO Close Sep 7, 2018
IPO Price ₹41
Face Value ₹10
IPO Size ₹24.60 Cr
Listing At NSE SME
Lot Size 3000
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Lagnam Spintex IPO Subscription Status Live

Lagnam Spintex IPO subscribed 4.97 times. The public issue subscribed 5.65 times in the retail category, [.] times in QIB, and 3.86 times in the NII category by Sep 7, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers3.86
Retail Investors5.65

Lagnam Spintex IPO Subscription Details (times)

Day 1
Sep 4, 2018
Day 2
Sep 5, 2018
Day 3
Sep 6, 2018
Day 4
Sep 7, 2018

Lagnam Spintex IPO Shares Offered

Lagnam Spintex IPO is a public issue of 5,700,000 equity shares. The issue offers 2,850,000 shares to retail investors, 0 shares to qualified institutional buyers, and 2,850,000 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?

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 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. holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. 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.

Lagnam Spintex IPO Subscription FAQs

The Lagnam Spintex IPO is subscribed 4.97 by Sep 7, 2018.

Lagnam Spintex IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional3.86
Retail Individual5.65
Employee Reservations[.]
Total Subscription4.97

Retail category of Lagnam Spintex IPO subscribed 5.65 times as of date Sep 7, 2018. The public issue closes on Sep 7, 2018 for bidding.

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

The Lagnam Spintex IPO is subscribed 4.97 by Sep 7, 2018.

The Lagnam Spintex IPO allotment status is expected on or around . Visit Lagnam Spintex IPO allotment status to check.

The Lagnam Spintex IPO listing date is Tuesday, September 18, 2018. The equity share of Lagnam Spintex Limited will list on NSE SME.

Visit Lagnam Spintex IPO subscription status page for real-time bidding information about Lagnam Spintex IPO.

Lagnam Spintex IPO Timetable

IPO Opens OnSep 4, 2018
IPO Closes OnSep 7, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date


1. Aniketiaf     Link|Sep 4, 2018 7:24:01 PM
Good going first day....