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Mahip Industries IPO Subscription Details (Live Status)

Mahip Industries IPO Details

Issue Open Feb 26, 2019
Issue Close Mar 1, 2019
IPO Price ₹32
Face Value ₹10
IPO Size ₹16.63 Cr
Listing At BSE SME
IPO Lot Size 4000

Mahip Industries IPO Subscription Status Live

Mahip Industries IPO subscribed 1.54 times. The public issue subscribed 1.54 times in the retail category, [.] times in QIB, and 1.53 times in the NII category by Mar 1, 2019.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.53
Retail Investors1.54
Employees[.]
Others[.]
Total1.54

Mahip Industries IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
Feb 26, 2019

1.13

0.32

0.73

Day 2
Feb 27, 2019

1.20

0.39

0.79

Day 3
Feb 28, 2019

1.26

0.51

0.88

Day 4
Mar 1, 2019

1.53

1.54

1.54


Mahip Industries IPO Shares Offered

Mahip Industries IPO is a public issue of 4,936,000 equity shares. The issue offers 2,468,000 shares to retail investors, 0 shares to qualified institutional buyers, and 2,468,000 shares to non-institutional investors.

CategoryShares Offered%
NII2,468,00050.00%
Retail2,468,00050.00%
Total4,936,000100%

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.

Mahip Industries IPO Subscription FAQs

The Mahip Industries IPO is subscribed 1.54 by Mar 1, 2019.

Mahip Industries IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.53
Retail Individual1.54
Employee Reservations[.]
Others[.]
Total Subscription1.54

Retail category of Mahip Industries IPO subscribed 1.54 times as of date Mar 1, 2019. The public issue closes on Mar 1, 2019 for bidding.

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

The Mahip Industries IPO is subscribed 1.54 by Mar 1, 2019.

The Mahip Industries IPO allotment status is expected on or around . Visit Mahip Industries IPO allotment status to check.

The Mahip Industries IPO listing date is Tuesday, March 12, 2019. The equity share of Mahip Industries Limited will list on BSE SME.

Visit Mahip Industries IPO subscription status page for real-time bidding information about Mahip Industries IPO.

Mahip Industries IPO Timetable

IPO Opens OnFeb 26, 2019
IPO Closes OnMar 1, 2019
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date