SMEClosed

Aspire and Innovative Advertising Limited IPO Subscription Status

📅Offer Date: 26 Mar 2024 – 28 Mar 2024

Minimum investment
₹1,08,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total15.17x
QIB0.00x
NII0.00x
Retail16.39x

Aspire and Innovative Advertising Limited IPO was subscribed 15.17x in total when bidding closed on 28 Mar 2024, with 0.00x in the QIB category, 0.00x in NII, 16.39x in retail. The issue ran from 26 Mar 2024 to 28 Mar 2024 at a price band of ₹51.00–₹54.00 per share.

QIB0.00xNII0.00xRetail16.39xTotal15.17x1×

Times subscribed by category against the 1× line.

17
≈ 1 in 17 retail allotment
low allotment chance

Based on retail subscription (16.39x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail13,54,0002,21,92,06016.39x
Total27,08,0004,10,80,36015.17x
QIB / NII7,74,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail7.31119.8416.39x
QIB / NII4.18—0.00x
Total11.49119.8415.17x

Values derived from share count × issue price (₹54.00)

What this means for allotment & listing

Because Aspire and Innovative Advertising 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.

Aspire and Innovative Advertising Limited IPO subscription FAQs