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Polycab IPO Subscription Details (Live Status)

Polycab IPO Details

IPO Open Apr 5, 2019
IPO Close Apr 9, 2019
IPO Price ₹538
Face Value ₹10
IPO Size ₹1,346.00 Cr
Listing At BSE, NSE
Lot Size 27
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Polycab IPO Subscription Status Live

Polycab IPO subscribed 51.88 times. The public issue subscribed 4.50 times in the retail category, 92.44 times in QIB, and 110.42 times in the NII category by Apr 9, 2019.

Investor CategorySubscription (times)
Qualified Institutions92.44
Non-Institutional Buyers110.42
Retail Investors4.50
Employees3.19
Others[.]
Total51.88

Polycab IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Apr 5, 2019
1.960.080.270.460.71
Day 2
Apr 8, 2019
3.600.701.511.771.94
Day 3
Apr 9, 2019
92.44110.424.503.1951.88

Polycab IPO Shares Offered

Polycab IPO is a public issue of 17,637,777 equity shares. The issue offers 8,720,914 shares to retail investors, 5,004,328 shares to qualified institutional buyers, and 3,737,535 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB5,004,328269.2328.37%
NII3,737,535201.0821.19%
Retail8,720,914469.1949.44%
Employee175,0009.420.99%
Total17,637,777948.91100%

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?

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Polycab IPO Subscription FAQs

The Polycab IPO is subscribed 51.88 by Apr 9, 2019.

Polycab IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional92.44
Non Institutional110.42
Retail Individual4.50
Employee Reservations3.19
Others[.]
Total Subscription51.88

Retail category of Polycab IPO subscribed 4.50 times as of date Apr 9, 2019. The public issue closes on Apr 9, 2019 for bidding.

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

The Polycab IPO is subscribed 51.88 by Apr 9, 2019.

The Polycab IPO allotment status is expected on or around Apr 12, 2019. Visit Polycab IPO allotment status to check.

The Polycab IPO listing date is Tuesday, April 16, 2019. The equity share of Polycab India Limited will list on BSE, NSE.

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

Polycab IPO Timetable

IPO Opens OnApr 5, 2019
IPO Closes OnApr 9, 2019
Finalisation of Basis of AllotmentApr 12, 2019
Initiation of RefundsApr 15, 2019
Credit of Shares to Demat AccountApr 16, 2019
IPO Listing DateApr 18, 2019