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MMP Industries IPO Subscription Details (Live Status)

MMP Industries IPO Details

Issue Open Mar 28, 2018
Issue Close Apr 4, 2018
IPO Price ₹188
Face Value ₹10
IPO Size ₹84.60 Cr
Listing At NSE SME
IPO Lot Size 600
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MMP Industries IPO Subscription Status Live

MMP Industries IPO subscribed 0.78 times. The public issue subscribed 0.66 times in the retail category, [.] times in QIB, and 0.41 times in the NII category by Apr 4, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers0.41
Retail Investors0.66
Employees[.]
Others[.]
Total0.78

MMP Industries IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Mar 28, 2018
0.110.010.06
Day 2
Apr 2, 2018
0.120.040.08
Day 3
Apr 3, 2018
0.140.160.15
Day 4
Apr 4, 2018
0.410.660.78

MMP Industries IPO Shares Offered

MMP Industries IPO is a public issue of 4,275,000 equity shares. The issue offers 2,137,500 shares to retail investors, 0 shares to qualified institutional buyers, and 2,137,500 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
NII2,137,50040.19
Retail2,137,50040.19
Total4,275,00080.37

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.

MMP Industries IPO Subscription FAQs

The MMP Industries IPO is subscribed 0.78 by Apr 4, 2018.

MMP Industries IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional0.41
Retail Individual0.66
Employee Reservations[.]
Others[.]
Total Subscription0.78

Retail category of MMP Industries IPO subscribed 0.66 times as of date Apr 4, 2018. The public issue closes on Apr 4, 2018 for bidding.

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

The MMP Industries IPO is subscribed 0.78 by Apr 4, 2018.

The MMP Industries IPO allotment status is expected on or around Apr 9, 2018. Visit MMP Industries IPO allotment status to check.

The MMP Industries IPO listing date is Thursday, April 12, 2018. The equity share of MMP Industries Limited will list on NSE SME.

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

MMP Industries IPO Timetable

IPO Opens OnMar 28, 2018
IPO Closes OnApr 4, 2018
Finalisation of Basis of AllotmentApr 9, 2018
Initiation of RefundsApr 11, 2018
Credit of Shares to Demat AccountApr 10, 2018
IPO Listing DateApr 12, 2018