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August 7, 2015 - August 11, 2015

Power Mech Projects IPO Subscription Details

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 August 11, 2015 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions27.53853,8000
Non-Institutional Buyers133.22640,3500
Retail Investors3.421,494,1500
Employees[.]00
Others[.]00
Total 38.122,988,3000

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Power Mech Projects IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
August 7, 2015
0.000.010.130.07
Day 2
August 10, 2015
0.120.160.770.45
Day 3
August 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)

    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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Power Mech Projects IPO Subscription FAQs

The Power Mech Projects IPO is subscribed 38.12 by August 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 August 11, 2015. The public issue closes on August 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 August 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 OnAugust 7, 2015
IPO Closes OnAugust 11, 2015
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date