MT Educare IPO Subscription Details (Live Status)

MT Educare IPO Details

IPO Open Mar 27, 2012
IPO Close Mar 29, 2012
IPO Price ₹80
Face Value ₹10
IPO Size ₹99.00 Cr
Listing At BSE, NSE
Lot Size 80
Open an Instant Account with Zerodha

MT Educare IPO Subscription Status Live

MT Educare IPO subscribed 4.80 times. The public issue subscribed 2.17 times in the retail category, 6.01 times in QIB, and 8.00 times in the NII category by Mar 29, 2012.

Investor CategorySubscription (times)
Qualified Institutions6.01
Non-Institutional Buyers8.00
Retail Investors2.17

MT Educare IPO Subscription Details (times)

Day 1
Mar 27, 2012
Day 2
Mar 28, 2012
Day 3
Mar 29, 2012

MT Educare IPO Shares Offered

MT Educare IPO is a public issue of 10,991,815 equity shares. The issue offers 4,455,405 shares to retail investors, 4,626,951 shares to qualified institutional buyers, and 1,909,459 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

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.

MT Educare IPO Subscription FAQs

The MT Educare IPO is subscribed 4.80 by Mar 29, 2012.

MT Educare IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional6.01
Non Institutional8.00
Retail Individual2.17
Employee Reservations[.]
Total Subscription4.80

Retail category of MT Educare IPO subscribed 2.17 times as of date Mar 29, 2012. The public issue closes on Mar 29, 2012 for bidding.

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

The MT Educare IPO is subscribed 4.80 by Mar 29, 2012.

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

The MT Educare IPO listing date is Thursday, April 12, 2012. The equity share of MT Educare Limited will list on BSE, NSE.

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

MT Educare IPO Timetable

IPO Opens OnMar 27, 2012
IPO Closes OnMar 29, 2012
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date