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| Issue Open | May 23, 2018 |
| Issue Close | May 25, 2018 |
| IPO Price | ₹45 |
| Face Value | ₹10 |
| IPO Size | ₹9.29 Cr |
| Listing At | NSE SME |
| IPO Lot Size | 3000 |
Shree Vasu Logistics IPO subscribed 1.67 times. The public issue subscribed 0.88 times in the retail category, [.] times in QIB, and 2.45 times in the NII category by May 25, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 2.45 |
| Retail Investors | 0.88 |
| Employees | [.] |
| Others | [.] |
| Total | 1.67 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 1.82 | 0.08 | 0.95 |
Day 2 | 2.05 | 0.19 | 1.12 |
Day 3 | 2.45 | 0.88 | 1.67 |
Shree Vasu Logistics IPO is a public issue of 1,956,000 equity shares. The issue offers 978,000 shares to retail investors, 0 shares to qualified institutional buyers, and 978,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 978,000 | 50.00% |
| Retail | 978,000 | 50.00% |
| Total | 1,956,000 | 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 Shree Vasu Logistics IPO is subscribed 1.67 by May 25, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 2.45 |
| Retail Individual | 0.88 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 1.67 |
An investor can apply in Shree Vasu Logistics IPO online via bank (using ASBA) or the broker (using UPI). The Shree Vasu Logistics IPO shares are offered online only.
The Shree Vasu Logistics IPO is subscribed 1.67 by May 25, 2018.
The Shree Vasu Logistics IPO allotment status is expected on or around May 30, 2018. Visit Shree Vasu Logistics IPO allotment status to check.
Visit Shree Vasu Logistics IPO subscription status page for real-time bidding information about Shree Vasu Logistics IPO.
| IPO Opens On | May 23, 2018 |
| IPO Closes On | May 25, 2018 |
| Finalisation of Basis of Allotment | May 30, 2018 |
| Initiation of Refunds | May 31, 2018 |
| Credit of Shares to Demat Account | Jun 1, 2018 |
| IPO Listing Date | Jun 4, 2018 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
