FREE Account Opening + No Clearing Fees + Rs 999 API Access

RMC Switchgears IPO Subscription Details (Live Status)

RMC Switchgears IPO Details

Issue Open Feb 28, 2017
Issue Close Mar 3, 2017
IPO Price ₹27
Face Value ₹10
IPO Size ₹4.15 Cr
Listing At BSE SME
IPO Lot Size 4000
Open an Instant Account with Zerodha

RMC Switchgears IPO Subscription Status Live

RMC Switchgears IPO subscribed [.] times. The public issue subscribed [.] times in the retail category, [.] times in QIB, and [.] times in the NII category by Mar 3, 2017.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers[.]
Retail Investors[.]

RMC Switchgears IPO Subscription Details (times)

Day 1
Feb 28, 2017
Day 2
Mar 1, 2017
Day 3
Mar 2, 2017
Day 4
Mar 3, 2017

RMC Switchgears IPO Shares Offered

RMC Switchgears IPO is a public issue of 1,440,000 equity shares. The issue offers 720,000 shares to retail investors, 0 shares to qualified institutional buyers, and 720,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)

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.

RMC Switchgears IPO Subscription FAQs

The RMC Switchgears IPO is subscribed [.] by Mar 3, 2017.

RMC Switchgears IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional[.]
Retail Individual[.]
Employee Reservations[.]
Total Subscription[.]

Retail category of RMC Switchgears IPO subscribed [.] times as of date Mar 3, 2017. The public issue closes on Mar 3, 2017 for bidding.

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

The RMC Switchgears IPO is subscribed [.] by Mar 3, 2017.

The RMC Switchgears IPO allotment status is expected on or around . Visit RMC Switchgears IPO allotment status to check.

The RMC Switchgears IPO listing date is Tuesday, March 14, 2017. The equity share of RMC Switchgears Limited will list on BSE SME.

Visit RMC Switchgears IPO subscription status page for real-time bidding information about RMC Switchgears IPO.

RMC Switchgears IPO Timetable

IPO Opens OnFeb 28, 2017
IPO Closes OnMar 3, 2017
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date