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March 6, 2023 - March 10, 2023

MCON Rasayan IPO Subscription Details

MCON Rasayan IPO Subscription Status Live

MCON Rasayan IPO subscribed 384.64 times. The public issue subscribed 453.41 times in the retail category, 307.09 times in Other category by March 10, 2023.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors453.41810,00036,72,60,0001,469.04
Total 384.641,620,00062,31,09,0002,492.44

Total Application : 122,420 (429.54 times)

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

* Market Maker portion of 90,000 equity shares not included.

MCON Rasayan IPO (Day-wise) Subscription Details (times)

Day 1
March 6, 2023
Day 2
March 8, 2023
Day 3
March 9, 2023
Day 4
March 10, 2023

MCON Rasayan IPO Shares Offered

MCON Rasayan IPO is a public issue of 1,710,000 equity shares. The issue offers 810,000 shares to retail investors, 810,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker90,0000.365.26%

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.

MCON Rasayan IPO Subscription FAQs

The MCON Rasayan IPO is subscribed 384.64 by March 10, 2023.

MCON Rasayan IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional307.09
Retail Individual453.41
Employee Reservations[.]
Total Subscription384.64

Retail category of MCON Rasayan IPO subscribed 453.41 times as of date March 10, 2023. The public issue closes on March 10, 2023 for bidding.

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

The MCON Rasayan IPO is subscribed 384.64 by March 10, 2023.

The MCON Rasayan IPO allotment status is expected on or around March 15, 2023. Visit MCON Rasayan IPO allotment status to check.

The MCON Rasayan IPO listing date is Monday, March 20, 2023. The equity share of MCON Rasayan India Limited will list on NSE SME.

Visit MCON Rasayan IPO subscription status page for real-time bidding information about MCON Rasayan IPO.

MCON Rasayan IPO Timetable

IPO Opens OnMarch 6, 2023
IPO Closes OnMarch 10, 2023
Finalisation of Basis of AllotmentMarch 15, 2023
Initiation of RefundsMarch 16, 2023
Credit of Shares to Demat AccountMarch 17, 2023
IPO Listing DateMarch 20, 2023