MIC Electronics IPO Subscription Details (Live Status)

MIC Electronics IPO Details

IPO Open Apr 30, 2007
IPO Close May 8, 2007
IPO Price ₹150
Face Value ₹10
IPO Size ₹76.50 Cr
Listing At BSE, NSE
Lot Size 45
Open an Instant Account with Zerodha

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.

Investor CategorySubscription (times)
Qualified Institutions47.49
Non-Institutional Buyers106.34
Retail Investors31.11

MIC Electronics IPO Subscription Details (times)

DateQIBNIIbNII (bids above ₹10L)sNII (bids below ₹10L)RIIEMPOthersTotal
Day 1
Apr 30, 2007
Day 2
May 3, 2007
Day 3
May 4, 2007
Day 4
May 7, 2007
Day 5
May 8, 2007

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 subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, 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[.]
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 OnApr 30, 2007
IPO Closes OnMay 8, 2007
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date