SMEClosed

De Neers Tools Limited IPO Subscription Status

📅Offer Date: 28 Apr 2023 – 03 May 2023

Data sourced from BSE & NSE · Last updated

Total15.04x
QIB0.00x
NII0.00x
Retail11.88x

De Neers Tools Limited IPO was subscribed 15.04x in total when bidding closed on 03 May 2023, with 0.00x in the QIB category, 0.00x in NII, 11.88x in retail.

QIB0.00xNII0.00xRetail11.88xTotal15.04x1×

Times subscribed by category against the 1× line.

12
≈ 1 in 12 retail allotment
low allotment chance

Based on retail subscription (11.88x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail7,96,74094,65,27111.88x
Total22,76,4003,42,37,05615.04x
QIB / NII11,38,20000.00x

What this means for allotment & listing

Because De Neers Tools 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.

De Neers Tools Limited IPO subscription FAQs