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| Issue Open | Sep 15, 2021 |
| Issue Close | Sep 17, 2021 |
| IPO Price | ₹84 |
| Face Value | ₹10 |
| IPO Size | ₹26.61 Cr |
| Listing At | BSE SME |
| IPO Lot Size | 1600 |
Prevest Denpro IPO subscribed 38.12 times. The public issue subscribed 32.87 times in the retail category, 5.78 times in QIB, and 78.98 times in the NII category by Sep 17, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 5.78 |
| Non-Institutional Buyers | 78.98 |
| Retail Investors | 32.87 |
| Employees | [.] |
| Others | [.] |
| Total | 38.12 |
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1 | 0.50 | 0.63 | 1.33 | 0.92 |
Day 2 | 1.96 | 3.58 | 7.93 | 5.17 |
Day 3 | 5.78 | 78.98 | 32.87 | 38.12 |
Prevest Denpro IPO is a public issue of 2,265,600 equity shares. The issue offers 1,052,800 shares to retail investors, 601,600 shares to qualified institutional buyers, and 611,200 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 601,600 | 26.55% |
| NII | 611,200 | 26.98% |
| Retail | 1,052,800 | 46.47% |
| Total | 2,265,600 | 100% |
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.
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.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Prevest Denpro IPO is subscribed 38.12 by Sep 17, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 5.78 |
| Non Institutional | 78.98 |
| Retail Individual | 32.87 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 38.12 |
An investor can apply in Prevest Denpro IPO online via bank (using ASBA) or the broker (using UPI). The Prevest Denpro IPO shares are offered online only.
The Prevest Denpro IPO is subscribed 38.12 by Sep 17, 2021.
The Prevest Denpro IPO allotment status is expected on or around Sep 22, 2021. Visit Prevest Denpro IPO allotment status to check.
Visit Prevest Denpro IPO subscription status page for real-time bidding information about Prevest Denpro IPO.
| IPO Opens On | Sep 15, 2021 |
| IPO Closes On | Sep 17, 2021 |
| Finalisation of Basis of Allotment | Sep 22, 2021 |
| Initiation of Refunds | Sep 23, 2021 |
| Credit of Shares to Demat Account | Sep 24, 2021 |
| IPO Listing Date | Sep 27, 2021 |
Useful Articles
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Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
