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September 12, 2018 - September 17, 2018

Ranjeet Mechatronics IPO Subscription Details

Ranjeet Mechatronics IPO Subscription Status Live

Ranjeet Mechatronics IPO subscribed 69.75 times. The public issue subscribed 62.03 times in the retail category, 77.48 times in Other category by September 17, 2018.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors62.03852,0005,28,48,000132.12
Total 69.751,704,00011,88,60,000297.15

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

* Market Maker portion of 96,000 equity shares not included.

Ranjeet Mechatronics IPO (Day-wise) Subscription Details (times)

Day 1
September 12, 2018
Day 2
September 14, 2018
Day 3
September 17, 2018

Ranjeet Mechatronics IPO Shares Offered

Ranjeet Mechatronics IPO is a public issue of 1,800,000 equity shares. The issue offers 852,000 shares to retail investors, 852,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker96,0000.245.33%

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 on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., 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.

Ranjeet Mechatronics IPO Subscription FAQs

The Ranjeet Mechatronics IPO is subscribed 69.75 by September 17, 2018.

Ranjeet Mechatronics IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional77.48
Retail Individual62.03
Employee Reservations[.]
Total Subscription69.75

Retail category of Ranjeet Mechatronics IPO subscribed 62.03 times as of date September 17, 2018. The public issue closes on September 17, 2018 for bidding.

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

The Ranjeet Mechatronics IPO is subscribed 69.75 by September 17, 2018.

The Ranjeet Mechatronics IPO allotment status is expected on or around September 21, 2018. Visit Ranjeet Mechatronics IPO allotment status to check.

The Ranjeet Mechatronics IPO listing date is Wednesday, September 26, 2018. The equity share of Ranjeet Mechatronics Limited will list on BSE SME.

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

Ranjeet Mechatronics IPO Timetable

IPO Opens OnSeptember 12, 2018
IPO Closes OnSeptember 17, 2018
Finalisation of Basis of AllotmentSeptember 21, 2018
Initiation of RefundsSeptember 25, 2018
Credit of Shares to Demat AccountSeptember 25, 2018
IPO Listing DateSeptember 26, 2018