FREE Account Opening + No Clearing Fees
February 1, 2008 - February 11, 2008

MGF IPO Subscription Details

MGF IPO Subscription Status Live

MGF IPO subscribed 0.39 times. The public issue subscribed 0.47 times in the retail category, 0.29 times in QIB, and 0.78 times in the NII category by February 8, 2008 (Day 6).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions0.2900
Non-Institutional Buyers0.7800
Retail Investors0.4700
Total 0.390

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

MGF IPO (Day-wise) Subscription Details (times)

DateQIBNIIbNII (bids above ₹10L)sNII (bids below ₹10L)RIIEMPOthersTotal
Day 1
February 1, 2008
Day 2
February 4, 2008
Day 3
February 5, 2008
Day 4
February 6, 2008
Day 5
February 7, 2008
Day 6
February 8, 2008

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.

MGF IPO Subscription FAQs

The MGF IPO is subscribed 0.39 by February 8, 2008.

MGF IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional0.29
Non Institutional0.78
Retail Individual0.47
Employee Reservations[.]
Total Subscription0.39

Retail category of MGF IPO subscribed 0.47 times as of date February 8, 2008. The public issue closes on February 11, 2008 for bidding.

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

The MGF IPO is subscribed 0.39 by February 8, 2008.

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

The MGF IPO listing date is not yet announced. The MGF IPO is planned to list on , at BSE, NSE.

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

MGF IPO Timetable

IPO Opens OnFebruary 1, 2008
IPO Closes OnFebruary 11, 2008
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date