Madhavbaug IPO Subscription Details (Live Status)

Madhavbaug IPO Details

IPO Open Feb 10, 2022
IPO Close Feb 15, 2022
IPO Price ₹73
Face Value ₹10
IPO Size ₹20.23 Cr
Listing At NSE SME
Lot Size 1600
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Madhavbaug IPO Subscription Status Live

Madhavbaug IPO subscribed 2.82 times. The public issue subscribed 2.98 times in the retail category, [.] times in QIB, and 2.66 times in the NII category by Feb 15, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers2.66
Retail Investors2.98

Madhavbaug IPO Subscription Details (times)

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

Madhavbaug IPO Shares Offered

Madhavbaug IPO is a public issue of 2,630,400 equity shares. The issue offers 1,315,200 shares to retail investors, 0 shares to qualified institutional buyers, and 1,315,200 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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Madhavbaug IPO Subscription FAQs

The Madhavbaug IPO is subscribed 2.82 by Feb 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 Feb 15, 2022. The public issue closes on Feb 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 Feb 15, 2022.

The Madhavbaug IPO allotment status is expected on or around Feb 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 OnFeb 10, 2022
IPO Closes OnFeb 15, 2022
Finalisation of Basis of AllotmentFeb 18, 2022
Initiation of RefundsFeb 21, 2022
Credit of Shares to Demat AccountFeb 22, 2022
IPO Listing DateFeb 23, 2022