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Spectrum Electrical IPO Subscription Details (Live Status)

Spectrum Electrical IPO Details

Issue Open Sep 17, 2018
Issue Close Sep 21, 2018
IPO Price ₹65
Face Value ₹10
IPO Size ₹25.87 Cr
Listing At NSE SME
IPO Lot Size 2000

Spectrum Electrical IPO Subscription Status Live

Spectrum Electrical IPO subscribed 1.27 times. The public issue subscribed 0.56 times in the retail category, [.] times in QIB, and 1.99 times in the NII category by Sep 21, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.99
Retail Investors0.56
Employees[.]
Others[.]
Total1.27

Spectrum Electrical IPO Subscription Details (times)

DateNIIRetailTotal

Day 1
Sep 17, 2018

0.18

0.02

0.10

Day 2
Sep 18, 2018

0.20

0.05

0.12

Day 3
Sep 19, 2018

0.22

0.06

0.14

Day 4
Sep 20, 2018

0.22

0.06

0.14

Day 5
Sep 21, 2018

1.99

0.56

1.27


Spectrum Electrical IPO Shares Offered

Spectrum Electrical IPO is a public issue of 3,780,000 equity shares. The issue offers 1,890,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,890,000 shares to non-institutional investors.

CategoryShares Offered%
NII1,890,00050.00%
Retail1,890,00050.00%
Total3,780,000100%

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.

Spectrum Electrical IPO Subscription FAQs

The Spectrum Electrical IPO is subscribed 1.27 by Sep 21, 2018.

Spectrum Electrical IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.99
Retail Individual0.56
Employee Reservations[.]
Others[.]
Total Subscription1.27

Retail category of Spectrum Electrical IPO subscribed 0.56 times as of date Sep 21, 2018. The public issue closes on Sep 21, 2018 for bidding.

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

The Spectrum Electrical IPO is subscribed 1.27 by Sep 21, 2018.

The Spectrum Electrical IPO allotment status is expected on or around . Visit Spectrum Electrical IPO allotment status to check.

The Spectrum Electrical IPO listing date is Monday, October 1, 2018. The equity share of Spectrum Electrical Industries Limited will list on NSE SME.

Visit Spectrum Electrical IPO subscription status page for real-time bidding information about Spectrum Electrical IPO.

Spectrum Electrical IPO Timetable

IPO Opens OnSep 17, 2018
IPO Closes OnSep 21, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date