SMEClosed

Akanksha Power and Infrastructure Limited IPO Subscription Status

📅Offer Date: 27 Dec 2023 – 29 Dec 2023

Minimum investment
₹1,10,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total108.93x
QIB0.00x
NII0.00x
Retail110.44x

Akanksha Power and Infrastructure Limited IPO was subscribed 108.93x in total when bidding closed on 29 Dec 2023, with 0.00x in the QIB category, 0.00x in NII, 110.44x in retail. The issue ran from 27 Dec 2023 to 29 Dec 2023 at a price band of ₹52.00–₹55.00 per share.

QIB0.00xNII0.00xRetail110.44xTotal108.93x1×

Times subscribed by category against the 1× line.

111
≈ 1 in 111 retail allotment
low allotment chance

Based on retail subscription (110.44x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail16,60,00018,33,30,400110.44x
Total33,20,00036,16,47,600108.93x
QIB / NII9,48,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail9.131008.32110.44x
QIB / NII5.21—0.00x
Total14.341008.32108.93x

Values derived from share count × issue price (₹55.00)

What this means for allotment & listing

Because Akanksha Power and Infrastructure 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.

Akanksha Power and Infrastructure Limited IPO subscription FAQs