SMEClosed

Brace Port Logistics Limited IPO Subscription Status

📅Offer Date: 19 Aug 2024 – 21 Aug 2024

Minimum investment
₹1,28,0001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total657.73x
QIB0.00x
NII0.00x
Retail588.48x

Brace Port Logistics Limited IPO was subscribed 657.73x in total when bidding closed on 21 Aug 2024, with 0.00x in the QIB category, 0.00x in NII, 588.48x in retail. The issue ran from 19 Aug 2024 to 21 Aug 2024 at a price band of ₹76.00–₹80.00 per share.

QIB0.00xNII0.00xRetail588.48xTotal657.73x1×

Times subscribed by category against the 1× line.

589
≈ 1 in 589 retail allotment
low allotment chance

Based on retail subscription (588.48x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail12,00,00070,61,76,000588.48x
Total23,58,4001,55,11,90,432657.73x
QIB / NII3,58,40000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail9.605649.41588.48x
QIB / NII2.87—0.00x
Total12.475649.41657.73x

Values derived from share count × issue price (₹80.00)

What this means for allotment & listing

Because Brace Port Logistics 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.

Brace Port Logistics Limited IPO subscription FAQs