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Milestone Furniture IPO Subscription Details (Live Status)

Milestone Furniture IPO Details

Issue Open May 7, 2018
Issue Close May 11, 2018
IPO Price ₹45
Face Value ₹10
IPO Size ₹14.84 Cr
Listing At BSE SME
IPO Lot Size 3000

Milestone Furniture IPO Subscription Status Live

Milestone Furniture IPO subscribed 2.13 times. The public issue subscribed 3.45 times in the retail category, [.] times in QIB, and 0.82 times in the NII category by May 10, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers0.82
Retail Investors3.45
Employees[.]
Others[.]
Total2.13

Milestone Furniture IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
May 7, 2018

0.81

1.71

1.26

Day 2
May 8, 2018

0.81

2.23

1.52

Day 3
May 9, 2018

0.81

2.49

1.65

Day 4
May 10, 2018

0.82

3.45

2.13


Milestone Furniture IPO Shares Offered

Milestone Furniture IPO is a public issue of 3,132,000 equity shares. The issue offers 1,566,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,566,000 shares to non-institutional investors.

CategoryShares Offered%
NII1,566,00050.00%
Retail1,566,00050.00%
Total3,132,000100%

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Milestone Furniture IPO Subscription FAQs

The Milestone Furniture IPO is subscribed 2.13 by May 10, 2018.

Milestone Furniture IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional0.82
Retail Individual3.45
Employee Reservations[.]
Others[.]
Total Subscription2.13

Retail category of Milestone Furniture IPO subscribed 3.45 times as of date May 10, 2018. The public issue closes on May 11, 2018 for bidding.

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

The Milestone Furniture IPO is subscribed 2.13 by May 10, 2018.

The Milestone Furniture IPO allotment status is expected on or around May 16, 2018. Visit Milestone Furniture IPO allotment status to check.

The Milestone Furniture IPO listing date is Monday, May 21, 2018. The equity share of Milestone Furniture Limited will list on BSE SME.

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

Milestone Furniture IPO Timetable

IPO Opens OnMay 7, 2018
IPO Closes OnMay 11, 2018
Finalisation of Basis of AllotmentMay 16, 2018
Initiation of RefundsMay 17, 2018
Credit of Shares to Demat AccountMay 18, 2018
IPO Listing DateMay 21, 2018