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Ranjeet Mechatronics IPO Details

Issue Open Sep 12, 2018
Issue Close Sep 17, 2018
IPO Price ₹25
Face Value ₹10
IPO Size ₹4.50 Cr
Listing At BSE SME
IPO Lot Size 6000
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Ranjeet Mechatronics IPO Subscription Status Live

Ranjeet Mechatronics IPO subscribed 69.75 times. The public issue subscribed 62.03 times in the retail category, [.] times in QIB, and 77.48 times in the NII category by Sep 17, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers77.48
Retail Investors62.03
Employees[.]
Others[.]
Total69.75

Ranjeet Mechatronics IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 12, 2018
8.802.255.52
Day 2
Sep 14, 2018
8.834.926.88
Day 3
Sep 17, 2018
77.4862.0369.75

Ranjeet Mechatronics IPO Shares Offered

Ranjeet Mechatronics IPO is a public issue of 1,704,000 equity shares. The issue offers 852,000 shares to retail investors, 0 shares to qualified institutional buyers, and 852,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
NII852,0002.13
Retail852,0002.13
Total1,704,0004.26

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.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Ranjeet Mechatronics IPO Subscription FAQs

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

Ranjeet Mechatronics IPO Subscription

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

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

The Ranjeet Mechatronics IPO allotment status is expected on or around Sep 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 OnSep 12, 2018
IPO Closes OnSep 17, 2018
Finalisation of Basis of AllotmentSep 21, 2018
Initiation of RefundsSep 25, 2018
Credit of Shares to Demat AccountSep 25, 2018
IPO Listing DateSep 26, 2018