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Power Mech Projects IPO Subscription Details (Live Status)

Power Mech Projects IPO Details

Issue Open Aug 7, 2015
Issue Close Aug 11, 2015
IPO Price ₹640
Face Value ₹10
IPO Size ₹273.22 Cr
Listing At BSE, NSE
IPO Lot Size 20
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Power Mech Projects IPO Subscription Status Live

Power Mech Projects IPO subscribed 38.12 times. The public issue subscribed 3.42 times in the retail category, 27.53 times in QIB, and 133.22 times in the NII category by Aug 11, 2015.

Investor CategorySubscription (times)
Qualified Institutions27.53
Non-Institutional Buyers133.22
Retail Investors3.42
Employees[.]
Others[.]
Total38.12

Power Mech Projects IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Aug 7, 2015
0.000.010.130.07
Day 2
Aug 10, 2015
0.120.160.770.45
Day 3
Aug 11, 2015
27.53133.223.4238.12

Power Mech Projects IPO Shares Offered

Power Mech Projects IPO is a public issue of 2,988,300 equity shares. The issue offers 1,494,150 shares to retail investors, 853,800 shares to qualified institutional buyers, and 640,350 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB853,80054.6428.57%
NII640,35040.9821.43%
Retail1,494,15095.6350.00%
Total2,988,300191.25100%

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. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • 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.

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 Chittorgarh.com 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. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com 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.

Power Mech Projects IPO Subscription FAQs

The Power Mech Projects IPO is subscribed 38.12 by Aug 11, 2015.

Power Mech Projects IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional27.53
Non Institutional133.22
Retail Individual3.42
Employee Reservations[.]
Others[.]
Total Subscription38.12

Retail category of Power Mech Projects IPO subscribed 3.42 times as of date Aug 11, 2015. The public issue closes on Aug 11, 2015 for bidding.

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

The Power Mech Projects IPO is subscribed 38.12 by Aug 11, 2015.

The Power Mech Projects IPO allotment status is expected on or around . Visit Power Mech Projects IPO allotment status to check.

The Power Mech Projects IPO listing date is Wednesday, August 26, 2015. The equity share of Power Mech Projects Ltd will list on BSE, NSE.

Visit Power Mech Projects IPO subscription status page for real-time bidding information about Power Mech Projects IPO.

Power Mech Projects IPO Timetable

IPO Opens OnAug 7, 2015
IPO Closes OnAug 11, 2015
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date