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Suyog Gurbaxani Funicular Ropeways IPO Subscription Details (Live Status)

Suyog Gurbaxani Funicular Ropeways IPO Details

Issue Open Nov 1, 2021
Issue Close Nov 8, 2021
IPO Price ₹45
Face Value ₹10
IPO Size ₹29.50 Cr
Listing At BSE SME
IPO Lot Size 3000
Open an Instant Account with Zerodha

Suyog Gurbaxani Funicular Ropeways IPO Subscription Status Live

Suyog Gurbaxani Funicular Ropeways IPO subscribed 1.27 times. The public issue subscribed 0.56 times in the retail category, [.] times in QIB, and 1.98 times in the NII category by Nov 8, 2021.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.98
Retail Investors0.56
Employees[.]
Others[.]
Total1.27

Suyog Gurbaxani Funicular Ropeways IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Nov 1, 2021
1.150.060.60
Day 2
Nov 2, 2021
1.460.120.79
Day 3
Nov 3, 2021
1.920.181.05
Day 4
Nov 8, 2021
1.980.561.27

Suyog Gurbaxani Funicular Ropeways IPO Shares Offered

Suyog Gurbaxani Funicular Ropeways IPO is a public issue of 6,222,000 equity shares. The issue offers 3,111,000 shares to retail investors, 0 shares to qualified institutional buyers, and 3,111,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
NII3,111,00014.00
Retail3,111,00014.00
Total6,222,00028.00

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.

Suyog Gurbaxani Funicular Ropeways IPO Subscription FAQs

The Suyog Gurbaxani Funicular Ropeways IPO is subscribed 1.27 by Nov 8, 2021.

Suyog Gurbaxani Funicular Ropeways IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.98
Retail Individual0.56
Employee Reservations[.]
Others[.]
Total Subscription1.27

Retail category of Suyog Gurbaxani Funicular Ropeways IPO subscribed 0.56 times as of date Nov 8, 2021. The public issue closes on Nov 8, 2021 for bidding.

An investor can apply in Suyog Gurbaxani Funicular Ropeways IPO online via bank (using ASBA) or the broker (using UPI). The Suyog Gurbaxani Funicular Ropeways IPO shares are offered online only.

The Suyog Gurbaxani Funicular Ropeways IPO is subscribed 1.27 by Nov 8, 2021.

The Suyog Gurbaxani Funicular Ropeways IPO allotment status is expected on or around Nov 11, 2021. Visit Suyog Gurbaxani Funicular Ropeways IPO allotment status to check.

The Suyog Gurbaxani Funicular Ropeways IPO listing date is Tuesday, November 16, 2021. The equity share of Suyog Gurbaxani Funicular Ropeways Limited will list on BSE SME.

Visit Suyog Gurbaxani Funicular Ropeways IPO subscription status page for real-time bidding information about Suyog Gurbaxani Funicular Ropeways IPO.

Suyog Gurbaxani Funicular Ropeways IPO Timetable

IPO Opens OnNov 1, 2021
IPO Closes OnNov 8, 2021
Finalisation of Basis of AllotmentNov 11, 2021
Initiation of RefundsNov 12, 2021
Credit of Shares to Demat AccountNov 15, 2021
IPO Listing DateNov 16, 2021

1 Comments

1. FinancePreneur  Nov 8, 2021 10:25:41 AM
Is there any merit in applying for this IPO ?