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Mahanagar Gas IPO Subscription Details (Live Status)

Mahanagar Gas IPO Details

Issue Open Jun 21, 2016
Issue Close Jun 23, 2016
IPO Price ₹421
Face Value ₹10
IPO Size ₹1,039.64 Cr
Listing At BSE, NSE
IPO Lot Size 35

Mahanagar Gas IPO Subscription Status Live

Mahanagar Gas IPO subscribed 64.54 times. The public issue subscribed 6.82 times in the retail category, 72.84 times in QIB, and 191.61 times in the NII category by Jun 23, 2016.

Investor CategorySubscription (times)
Qualified Institutions72.84
Non-Institutional Buyers191.61
Retail Investors6.82
Employees1.18
Others[.]
Total64.54

Mahanagar Gas IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal

Day 1
Jun 21, 2016

1.82

0.23

1.09

0.02

1.10

Day 2
Jun 22, 2016

6.44

2.39

3.23

0.15

3.92

Day 3
Jun 23, 2016

72.84

191.61

6.82

1.18

64.54


Mahanagar Gas IPO Shares Offered

Mahanagar Gas IPO is a public issue of 17,346,150 equity shares. The issue offers 8,573,075 shares to retail investors, 4,898,900 shares to qualified institutional buyers, and 3,674,175 shares to non-institutional investors.

CategoryShares Offered%
QIB4,898,90028.24%
NII3,674,17521.18%
Retail8,573,07549.42%
Employee200,0001.15%
Total17,346,150100%

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)

    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.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Mahanagar Gas IPO Subscription FAQs

The Mahanagar Gas IPO is subscribed 64.54 by Jun 23, 2016.

Mahanagar Gas IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional72.84
Non Institutional191.61
Retail Individual6.82
Employee Reservations1.18
Others[.]
Total Subscription64.54

Retail category of Mahanagar Gas IPO subscribed 6.82 times as of date Jun 23, 2016. The public issue closes on Jun 23, 2016 for bidding.

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

The Mahanagar Gas IPO is subscribed 64.54 by Jun 23, 2016.

The Mahanagar Gas IPO allotment status is expected on or around . Visit Mahanagar Gas IPO allotment status to check.

The Mahanagar Gas IPO listing date is Friday, July 1, 2016. The equity share of Mahanagar Gas Limited will list on BSE, NSE.

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

Mahanagar Gas IPO Timetable

IPO Opens OnJun 21, 2016
IPO Closes OnJun 23, 2016
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date