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
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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 OfferedAmount (Rs Cr) Size (%)

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. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs 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.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

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