SMEClosed

Forge Auto International Limited IPO Subscription Status

📅Offer Date: 26 Sept 2024 – 30 Sept 2024

Minimum investment
₹1,29,6001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total49.35x
QIB0.00x
NII0.00x
Retail61.95x

Forge Auto International Limited IPO was subscribed 49.35x in total when bidding closed on 30 Sept 2024, with 0.00x in the QIB category, 0.00x in NII, 61.95x in retail. The issue ran from 26 Sept 2024 to 30 Sept 2024 at a price band of ₹102.00–₹108.00 per share.

QIB0.00xNII0.00xRetail61.95xTotal49.35x1×

Times subscribed by category against the 1× line.

62
≈ 1 in 62 retail allotment
low allotment chance

Based on retail subscription (61.95x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail9,57,6005,93,23,32061.95x
Total19,15,2009,45,15,12049.35x
QIB / NII5,47,20000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail10.34640.6961.95x
QIB / NII5.91—0.00x
Total16.25640.6949.35x

Values derived from share count × issue price (₹108.00)

What this means for allotment & listing

Because Forge Auto International 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.

Forge Auto International Limited IPO subscription FAQs