📅Offer Date: 19 Dec 2023 – 21 Dec 2023
Data sourced from BSE & NSE · Last updated
Electro Force (India) Limited IPO was subscribed 4.33x in total when bidding closed on 21 Dec 2023, with 2.22x in the QIB category, 2.22x in NII, 6.44x in retail. The issue ran from 19 Dec 2023 to 21 Dec 2023 at a price band of ₹93.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (6.44x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| Retail | 41,19,600 | 2,65,30,224 | 6.44x |
| Total | 82,39,200 | 3,56,75,736 | 4.33x |
| QIB / NII | 41,19,600 | 91,45,512 | 2.22x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| Retail | 38.31 | 246.73 | 6.44x |
| QIB / NII | 38.31 | 85.05 | 2.22x |
| Total | 76.62 | 331.78 | 4.33x |
Values derived from share count × issue price (₹93.00)
Because Electro Force (India) 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.