Spectrum Electrical IPO Subscription Details (Live Status)

Spectrum Electrical IPO Subscription Status Live

Spectrum Electrical IPO subscribed 1.27 times. The public issue subscribed 0.56 times in the retail category, 1.99 times in Other category by Sep 21, 2018.

Investor CategorySubscription (times)
Retail Investors0.56

Spectrum Electrical IPO (Day-wise) Subscription Details (times)

Day 1
Sep 17, 2018
Day 2
Sep 18, 2018
Day 3
Sep 19, 2018
Day 4
Sep 20, 2018
Day 5
Sep 21, 2018

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, 1,890,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)

* Market maker portion is not included.

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)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • 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.

What is the difference between RII, NII, QIB and Anchor Investor?

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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[.]
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