Prakash Steelage IPO Subscription Details (Live Status)

Prakash Steelage IPO Subscription Status Live

Prakash Steelage IPO subscribed 4.53 times. The public issue subscribed 6.62 times in the retail category, 1.27 times in QIB, and 10.91 times in the NII category by Aug 10, 2010.

Investor CategorySubscription (times)
Qualified Institutions1.27
Non-Institutional Buyers10.91
Retail Investors6.62

Prakash Steelage IPO (Day-wise) Subscription Details (times)

Day 1
Aug 5, 2010
Day 2
Aug 6, 2010
Day 3
Aug 9, 2010
Day 4
Aug 10, 2010

Prakash Steelage IPO Shares Offered

Prakash Steelage IPO is a public issue of 6,250,000 equity shares. The issue offers 2,152,500 shares to retail investors, 3,075,000 shares to qualified institutional buyers, and 922,500 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

* Anchor Investor portion is not included.

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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Prakash Steelage IPO Subscription FAQs

The Prakash Steelage IPO is subscribed 4.53 by Aug 10, 2010.

Prakash Steelage IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.27
Non Institutional10.91
Retail Individual6.62
Employee Reservations1.02
Total Subscription4.53

Retail category of Prakash Steelage IPO subscribed 6.62 times as of date Aug 10, 2010. The public issue closes on Aug 10, 2010 for bidding.

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

The Prakash Steelage IPO is subscribed 4.53 by Aug 10, 2010.

The Prakash Steelage IPO allotment status is expected on or around . Visit Prakash Steelage IPO allotment status to check.

The Prakash Steelage IPO listing date is Wednesday, August 25, 2010. The equity share of Prakash Steelage Ltd will list on BSE, NSE.

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

Prakash Steelage IPO Timetable

IPO Opens OnAug 5, 2010
IPO Closes OnAug 10, 2010
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date