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Readymade Steel India IPO Subscription Details (Live Status)

Readymade Steel India IPO Details

Issue Open Jun 27, 2011
Issue Close Jun 29, 2011
IPO Price ₹108
Face Value ₹10
IPO Size ₹34.75 Cr
Listing At BSE
IPO Lot Size 60

Readymade Steel India IPO Subscription Status Live

Readymade Steel India IPO subscribed 1.68 times. The public issue subscribed 4.18 times in the retail category, 0.03 times in QIB, and 1.37 times in the NII category by Jun 29, 2011.

Investor CategorySubscription (times)
Qualified Institutions0.03
Non-Institutional Buyers1.37
Retail Investors4.18
Employees[.]
Others[.]
Total1.68

Readymade Steel India IPO Subscription Details (times)

DateQIBNIIRetailTotal

Day 1
Jun 27, 2011

0.00

0.00

0.14

0.05

Day 2
Jun 28, 2011

0.00

0.42

0.92

0.38

Day 3
Jun 29, 2011

0.03

1.37

4.18

1.68


Readymade Steel India IPO Shares Offered

Readymade Steel India IPO is a public issue of 3,860,588 equity shares. The issue offers 1,351,206 shares to retail investors, 1,930,294 shares to qualified institutional buyers, and 579,088 shares to non-institutional investors.

CategoryShares Offered%
QIB1,930,29450.00%
NII579,08815.00%
Retail1,351,20635.00%
Total3,860,588100%

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.

Readymade Steel India IPO Subscription FAQs

The Readymade Steel India IPO is subscribed 1.68 by Jun 29, 2011.

Readymade Steel India IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional0.03
Non Institutional1.37
Retail Individual4.18
Employee Reservations[.]
Others[.]
Total Subscription1.68

Retail category of Readymade Steel India IPO subscribed 4.18 times as of date Jun 29, 2011. The public issue closes on Jun 29, 2011 for bidding.

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

The Readymade Steel India IPO is subscribed 1.68 by Jun 29, 2011.

The Readymade Steel India IPO allotment status is expected on or around . Visit Readymade Steel India IPO allotment status to check.

The Readymade Steel India IPO listing date is Wednesday, July 13, 2011. The equity share of Readymade Steel India Ltd will list on BSE.

Visit Readymade Steel India IPO subscription status page for real-time bidding information about Readymade Steel India IPO.

Readymade Steel India IPO Timetable

IPO Opens OnJun 27, 2011
IPO Closes OnJun 29, 2011
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date