SMEClosed

Gajanand International Limited IPO Subscription Status

📅Offer Date: 09 Sept 2024 – 11 Sept 2024

Minimum investment
₹1,08,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total15.27x
QIB5.79x
NII5.79x
Retail24.18x

Gajanand International Limited IPO was subscribed 15.27x in total when bidding closed on 11 Sept 2024, with 5.79x in the QIB category, 5.79x in NII, 24.18x in retail. The issue ran from 09 Sept 2024 to 11 Sept 2024 at a price band of ₹36.00 per share.

QIB5.79xNII5.79xRetail24.18xTotal15.27x1×

Times subscribed by category against the 1× line.

25
≈ 1 in 25 retail allotment
low allotment chance

Based on retail subscription (24.18x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail27,24,0006,58,66,32024.18x
Total54,48,0008,31,90,96015.27x
QIB / NII27,24,0001,57,71,9605.79x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail9.81237.1224.18x
QIB / NII9.8156.785.79x
Total19.61293.9015.27x

Values derived from share count × issue price (₹36.00)

What this means for allotment & listing

Because Gajanand 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.

Gajanand International Limited IPO subscription FAQs