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| Issue Open | Apr 27, 2011 |
| Issue Close | Apr 29, 2011 |
| IPO Price | ₹29 |
| Face Value | ₹10 |
| IPO Size | ₹60.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 200 |
Servalakshmi IPO subscribed 1.47 times. The public issue subscribed 1.90 times in the retail category, 0.34 times in QIB, and 4.21 times in the NII category by Apr 29, 2011.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 0.34 |
| Non-Institutional Buyers | 4.21 |
| Retail Investors | 1.90 |
| Employees | [.] |
| Others | [.] |
| Total | 1.47 |
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1 | 0.00 | 3.20 | 0.26 | 0.57 |
Day 2 | 0.31 | 4.62 | 0.39 | 0.98 |
Day 3 | 0.34 | 4.21 | 1.90 | 1.47 |
Servalakshmi IPO is a public issue of 22,222,222 equity shares. The issue offers 7,777,778 shares to retail investors, 11,111,111 shares to qualified institutional buyers, and 3,333,333 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 11,111,111 | 50.00% |
| NII | 3,333,333 | 15.00% |
| Retail | 7,777,778 | 35.00% |
| Total | 22,222,222 | 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 Servalakshmi IPO is subscribed 1.47 by Apr 29, 2011.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 0.34 |
| Non Institutional | 4.21 |
| Retail Individual | 1.90 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 1.47 |
An investor can apply in Servalakshmi IPO online via bank (using ASBA) or the broker (using UPI). The Servalakshmi IPO shares are offered online only.
The Servalakshmi IPO is subscribed 1.47 by Apr 29, 2011.
The Servalakshmi IPO allotment status is expected on or around . Visit Servalakshmi IPO allotment status to check.
Visit Servalakshmi IPO subscription status page for real-time bidding information about Servalakshmi IPO.
| IPO Opens On | Apr 27, 2011 |
| IPO Closes On | Apr 29, 2011 |
| Finalisation of Basis of Allotment | |
| Initiation of Refunds | |
| Credit of Shares to Demat Account | |
| IPO Listing Date |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
