SMEClosed

Aditya Ultra Steel Limited IPO Subscription Status

📅Offer Date: 09 Sept 2024 – 11 Sept 2024

Minimum investment
₹1,24,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total10.58x
QIB0.00x
NII0.00x
Retail23.12x

Aditya Ultra Steel Limited IPO was subscribed 10.58x in total when bidding closed on 11 Sept 2024, with 0.00x in the QIB category, 0.00x in NII, 23.12x in retail. The issue ran from 09 Sept 2024 to 11 Sept 2024 at a price band of ₹59.00–₹62.00 per share.

QIB0.00xNII0.00xRetail23.12xTotal10.58x1×

Times subscribed by category against the 1× line.

24
≈ 1 in 24 retail allotment
low allotment chance

Based on retail subscription (23.12x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail24,62,0005,69,21,44023.12x
Total70,30,0007,43,77,40010.58x
QIB / NII35,12,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail15.26352.9123.12x
QIB / NII21.77—0.00x
Total37.04352.9110.58x

Values derived from share count × issue price (₹62.00)

What this means for allotment & listing

Because Aditya Ultra Steel Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Aditya Ultra Steel Limited IPO subscription FAQs