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Veto Switchgears IPO Details

Issue Open Dec 3, 2012
Issue Close Dec 5, 2012
IPO Price ₹50
Face Value ₹10
IPO Size ₹25.00 Cr
Listing At NSE SME
IPO Lot Size 3000
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Veto Switchgears IPO Subscription Status Live

Veto Switchgears IPO subscribed 1.56 times. The public issue subscribed 2.06 times in the retail category, 1.05 times in QIB, and 1.47 times in the NII category by Dec 5, 2012.

Investor CategorySubscription (times)
Qualified Institutions1.05
Non-Institutional Buyers1.47
Retail Investors2.06

Veto Switchgears IPO Subscription Details (times)

Day 1
Dec 3, 2012
Day 2
Dec 4, 2012
Day 3
Dec 5, 2012

Veto Switchgears IPO Shares Offered

Veto Switchgears IPO is a public issue of 5,208,334 equity shares. The issue offers 1,527,721 shares to retail investors, 1,091,229 shares to qualified institutional buyers, and 2,589,384 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)

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.

Veto Switchgears IPO Subscription FAQs

The Veto Switchgears IPO is subscribed 1.56 by Dec 5, 2012.

Veto Switchgears IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.05
Non Institutional1.47
Retail Individual2.06
Employee Reservations[.]
Total Subscription1.56

Retail category of Veto Switchgears IPO subscribed 2.06 times as of date Dec 5, 2012. The public issue closes on Dec 5, 2012 for bidding.

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

The Veto Switchgears IPO is subscribed 1.56 by Dec 5, 2012.

The Veto Switchgears IPO allotment status is expected on or around . Visit Veto Switchgears IPO allotment status to check.

The Veto Switchgears IPO listing date is Monday, February 13, 2012. The equity share of Veto Switchgears and Cables Ltd will list on NSE SME.

Visit Veto Switchgears IPO subscription status page for real-time bidding information about Veto Switchgears IPO.

Veto Switchgears IPO Timetable

IPO Opens OnDec 3, 2012
IPO Closes OnDec 5, 2012
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date