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Mahickra Chemicals IPO Subscription Details (Live Status)

Mahickra Chemicals IPO Details

IPO Open Apr 16, 2018
IPO Close Apr 18, 2018
IPO Price ₹25
Face Value ₹10
IPO Size ₹5.25 Cr
Listing At NSE SME
Lot Size 6000
Open an Instant Account with Zerodha

Mahickra Chemicals IPO Subscription Status Live

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 CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers22.42
Retail Investors9.88
Employees[.]
Others[.]
Total27.85

Mahickra Chemicals IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Apr 16, 2018
0.210.500.36
Day 2
Apr 17, 2018
0.693.261.97
Day 3
Apr 18, 2018
22.429.8827.85

Mahickra Chemicals IPO Shares Offered

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.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII996,0002.4950.00%
Retail996,0002.4950.00%
Total1,992,0004.98100%

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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Mahickra Chemicals IPO Subscription FAQs

The Mahickra Chemicals IPO is subscribed 27.85 by Apr 18, 2018.

Mahickra Chemicals IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional22.42
Retail Individual9.88
Employee Reservations[.]
Others[.]
Total Subscription27.85

Retail category of Mahickra Chemicals IPO subscribed 9.88 times as of date Apr 18, 2018. The public issue closes on Apr 18, 2018 for bidding.

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.

The Mahickra Chemicals IPO listing date is Thursday, April 26, 2018. The equity share of Mahickra Chemicals Limited will list on NSE SME.

Visit Mahickra Chemicals IPO subscription status page for real-time bidding information about Mahickra Chemicals IPO.

Mahickra Chemicals IPO Timetable

IPO Opens OnApr 16, 2018
IPO Closes OnApr 18, 2018
Finalisation of Basis of AllotmentApr 23, 2018
Initiation of RefundsApr 24, 2018
Credit of Shares to Demat AccountApr 25, 2018
IPO Listing DateApr 26, 2018