Shine Fashions IPO Subscription Details (Live Status)

Shine Fashions IPO Details

Issue Open Oct 22, 2020
Issue Close Oct 26, 2020
IPO Price ₹40
Face Value ₹10
IPO Size ₹1.60 Cr
Listing At BSE SME
IPO Lot Size 3000

Shine Fashions IPO Subscription Status Live

Shine Fashions IPO subscribed 1.73 times. The public issue subscribed 1.63 times in the retail category, [.] times in QIB, and 1.83 times in the NII category by Oct 26, 2020.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.83
Retail Investors1.63

Shine Fashions IPO Subscription Details (times)


Day 1
Oct 22, 2020




Day 2
Oct 23, 2020




Day 3
Oct 25, 2020




Day 4
Oct 26, 2020




Shine Fashions IPO Shares Offered

Shine Fashions IPO is a public issue of 378,000 equity shares. The issue offers 189,000 shares to retail investors, 0 shares to qualified institutional buyers, and 189,000 shares to non-institutional investors.

CategoryShares Offered%

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.

Shine Fashions IPO Subscription FAQs

The Shine Fashions IPO is subscribed 1.73 by Oct 26, 2020.

Shine Fashions IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.83
Retail Individual1.63
Employee Reservations[.]
Total Subscription1.73

Retail category of Shine Fashions IPO subscribed 1.63 times as of date Oct 26, 2020. The public issue closes on Oct 26, 2020 for bidding.

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

The Shine Fashions IPO is subscribed 1.73 by Oct 26, 2020.

The Shine Fashions IPO allotment status is expected on or around . Visit Shine Fashions IPO allotment status to check.

The Shine Fashions IPO listing date is Monday, November 2, 2020. The equity share of Shine Fashions (India) Ltd will list on BSE SME.

Visit Shine Fashions IPO subscription status page for real-time bidding information about Shine Fashions IPO.

Shine Fashions IPO Timetable

IPO Opens OnOct 22, 2020
IPO Closes OnOct 26, 2020
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date