Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API
Loading...

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
Open an Instant Account with Zerodha

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
1.820.231.090.021.10
Day 2
Jun 22, 2016
6.442.393.230.153.92
Day 3
Jun 23, 2016
72.84191.616.821.1864.54

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 OfferedAmount (Rs Cr) Size (%)
QIB4,898,900206.2428.24%
NII3,674,175154.6821.18%
Retail8,573,075360.9349.42%
Employee200,0008.421.15%
Total17,346,150730.27100%

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. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • 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.

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

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