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February 10, 2022 - February 15, 2022

Madhavbaug IPO Subscription Details

Madhavbaug IPO Subscription Status Live

Madhavbaug IPO subscribed 2.82 times. The public issue subscribed 2.98 times in the retail category, 2.66 times in Other category by February 15, 2022.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors2.981,315,20039,15,20028.58
Total 2.822,630,40074,19,20054.16

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 140,800 equity shares not included.

Madhavbaug IPO (Day-wise) Subscription Details (times)

Day 1
February 10, 2022
Day 2
February 11, 2022
Day 3
February 14, 2022
Day 4
February 15, 2022

Madhavbaug IPO Shares Offered

Madhavbaug IPO is a public issue of 2,771,200 equity shares. The issue offers 1,315,200 shares to retail investors, 1,315,200 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker140,8001.035.08%

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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Madhavbaug IPO Subscription FAQs

The Madhavbaug IPO is subscribed 2.82 by February 15, 2022.

Madhavbaug IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.66
Retail Individual2.98
Employee Reservations[.]
Total Subscription2.82

Retail category of Madhavbaug IPO subscribed 2.98 times as of date February 15, 2022. The public issue closes on February 15, 2022 for bidding.

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

The Madhavbaug IPO is subscribed 2.82 by February 15, 2022.

The Madhavbaug IPO allotment status is expected on or around February 18, 2022. Visit Madhavbaug IPO allotment status to check.

The Madhavbaug IPO listing date is Wednesday, February 23, 2022. The equity share of Vaidya Sane Ayurved Laboratories Limited will list on NSE SME.

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

Madhavbaug IPO Timetable

IPO Opens OnFebruary 10, 2022
IPO Closes OnFebruary 15, 2022
Finalisation of Basis of AllotmentFebruary 18, 2022
Initiation of RefundsFebruary 21, 2022
Credit of Shares to Demat AccountFebruary 22, 2022
IPO Listing DateFebruary 23, 2022