SMEClosed

Enser Communications Limited IPO Subscription Status

📅Offer Date: 15 Mar 2024 – 19 Mar 2024

Minimum investment
₹1,40,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total7.33x
QIB3.75x
NII3.75x
Retail10.92x

Enser Communications Limited IPO was subscribed 7.33x in total when bidding closed on 19 Mar 2024, with 3.75x in the QIB category, 3.75x in NII, 10.92x in retail. The issue ran from 15 Mar 2024 to 19 Mar 2024 at a price band of ₹70.00 per share.

QIB3.75xNII3.75xRetail10.92xTotal7.33x1×

Times subscribed by category against the 1× line.

11
≈ 1 in 11 retail allotment
low allotment chance

Based on retail subscription (10.92x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail10,96,0001,19,68,32010.92x
Total21,92,0001,60,67,3607.33x
QIB / NII10,96,00041,10,0003.75x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail7.6783.7810.92x
QIB / NII7.6728.773.75x
Total15.34112.557.33x

Values derived from share count × issue price (₹70.00)

What this means for allotment & listing

Because Enser Communications 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.

Enser Communications Limited IPO subscription FAQs