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April 30, 2007 - May 8, 2007

MIC Electronics IPO Subscription Details

MIC Electronics IPO Subscription Status Live

MIC Electronics IPO subscribed 50.59 times. The public issue subscribed 31.11 times in the retail category, 47.49 times in QIB, and 106.34 times in the NII category by May 8, 2007 (Day 5).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions47.4900
Non-Institutional Buyers106.3400
Retail Investors31.1100
Employees[.]00
Others[.]00
Total 50.590

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


MIC Electronics IPO (Day-wise) Subscription Details (times)

DateQIBNIIbNII (bids above ₹10L)sNII (bids below ₹10L)RIIEMPOthersTotal
Day 1
April 30, 2007
0.000.000.000.00
Day 2
May 3, 2007
1.170.010.010.59
Day 3
May 4, 2007
2.430.010.161.27
Day 4
May 7, 2007
6.530.291.233.74
Day 5
May 8, 2007
47.49106.3431.1150.59

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 Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, 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.

MIC Electronics IPO Subscription FAQs

The MIC Electronics IPO is subscribed 50.59 by May 8, 2007.

MIC Electronics IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional47.49
Non Institutional106.34
Retail Individual31.11
Employee Reservations[.]
Others[.]
Total Subscription50.59

Retail category of MIC Electronics IPO subscribed 31.11 times as of date May 8, 2007. The public issue closes on May 8, 2007 for bidding.

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

The MIC Electronics IPO is subscribed 50.59 by May 8, 2007.

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

The MIC Electronics IPO listing date is Wednesday, May 30, 2007. The equity share of MIC Electronics Limited will list on BSE, NSE.

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

MIC Electronics IPO Timetable

IPO Opens OnApril 30, 2007
IPO Closes OnMay 8, 2007
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date