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September 28, 2018 - October 3, 2018

Marine Electricals IPO Subscription Details

Marine Electricals IPO Subscription Status Live

Marine Electricals IPO subscribed 1.23 times. The public issue subscribed 0.43 times in the retail category, [.] times in QIB, and 2.04 times in the NII category by October 3, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions[.]000
Non-Institutional Buyers2.043,080,00062,68,00041.37
Retail Investors0.433,080,00013,10,0008.65
Total 1.236,496,00075,78,00050.01

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

* Market Maker portion of 336,000 equity shares not included.

Marine Electricals IPO (Day-wise) Subscription Details (times)

Day 1
September 28, 2018
Day 2
October 1, 2018
Day 3
October 3, 2018

Marine Electricals IPO Shares Offered

Marine Electricals IPO is a public issue of 6,496,000 equity shares. The issue offers 3,080,000 shares to retail investors, 0 shares to qualified institutional buyers, and 3,080,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker336,0002.225.17%

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.

Marine Electricals IPO Subscription FAQs

The Marine Electricals IPO is subscribed 1.23 by October 3, 2018.

Marine Electricals IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.04
Retail Individual0.43
Employee Reservations[.]
Total Subscription1.23

Retail category of Marine Electricals IPO subscribed 0.43 times as of date October 3, 2018. The public issue closes on October 3, 2018 for bidding.

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

The Marine Electricals IPO is subscribed 1.23 by October 3, 2018.

The Marine Electricals IPO allotment status is expected on or around October 8, 2018. Visit Marine Electricals IPO allotment status to check.

The Marine Electricals IPO listing date is Thursday, October 11, 2018. The equity share of Marine Electricals (India) Limited will list on NSE SME.

Visit Marine Electricals IPO subscription status page for real-time bidding information about Marine Electricals IPO.

Marine Electricals IPO Timetable

IPO Opens OnSeptember 28, 2018
IPO Closes OnOctober 3, 2018
Finalisation of Basis of AllotmentOctober 8, 2018
Initiation of RefundsOctober 9, 2018
Credit of Shares to Demat AccountOctober 10, 2018
IPO Listing DateOctober 11, 2018


1. GrowYourMoney     Link|Oct 3, 2018 5:18:20 PM
Marine Sailed through the shore...