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| Issue Open | Apr 16, 2018 |
| Issue Close | Apr 18, 2018 |
| IPO Price | ₹25 |
| Face Value | ₹10 |
| IPO Size | ₹5.25 Cr |
| Listing At | NSE SME |
| IPO Lot Size | 6000 |
Mahickra Chemicals IPO subscribed 27.85 times. The public issue subscribed 9.88 times in the retail category, [.] times in QIB, and 22.42 times in the NII category by Apr 18, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 22.42 |
| Retail Investors | 9.88 |
| Employees | [.] |
| Others | [.] |
| Total | 27.85 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 0.21 | 0.50 | 0.36 |
Day 2 | 0.69 | 3.26 | 1.97 |
Day 3 | 22.42 | 9.88 | 27.85 |
Mahickra Chemicals IPO is a public issue of 1,992,000 equity shares. The issue offers 996,000 shares to retail investors, 0 shares to qualified institutional buyers, and 996,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 996,000 | 50.00% |
| Retail | 996,000 | 50.00% |
| Total | 1,992,000 | 100% |
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.
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.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Mahickra Chemicals IPO is subscribed 27.85 by Apr 18, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 22.42 |
| Retail Individual | 9.88 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 27.85 |
An investor can apply in Mahickra Chemicals IPO online via bank (using ASBA) or the broker (using UPI). The Mahickra Chemicals IPO shares are offered online only.
The Mahickra Chemicals IPO is subscribed 27.85 by Apr 18, 2018.
The Mahickra Chemicals IPO allotment status is expected on or around Apr 23, 2018. Visit Mahickra Chemicals IPO allotment status to check.
Visit Mahickra Chemicals IPO subscription status page for real-time bidding information about Mahickra Chemicals IPO.
| IPO Opens On | Apr 16, 2018 |
| IPO Closes On | Apr 18, 2018 |
| Finalisation of Basis of Allotment | Apr 23, 2018 |
| Initiation of Refunds | Apr 24, 2018 |
| Credit of Shares to Demat Account | Apr 25, 2018 |
| IPO Listing Date | Apr 26, 2018 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
