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June 21, 2016 - June 23, 2016

Mahanagar Gas IPO Subscription Details

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 June 23, 2016 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions72.844,898,9000
Non-Institutional Buyers191.613,674,1750
Retail Investors6.828,573,0750
Total 64.5417,346,1500

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

Mahanagar Gas IPO (Day-wise) Subscription Details (times)

Day 1
June 21, 2016
Day 2
June 22, 2016
Day 3
June 23, 2016

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 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 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.

Mahanagar Gas IPO Subscription FAQs

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

Mahanagar Gas IPO Subscription

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

Retail category of Mahanagar Gas IPO subscribed 6.82 times as of date June 23, 2016. The public issue closes on June 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 June 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 OnJune 21, 2016
IPO Closes OnJune 23, 2016
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date