SMEClosed

Gayatri Rubbers and Chemicals Limited IPO Subscription Status

📅Offer Date: 25 Jan 2023 – 30 Jan 2023

Minimum investment
₹1,20,0004000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total37.94x
QIB33.65x
NII33.65x
Retail42.23x

Gayatri Rubbers and Chemicals Limited IPO was subscribed 37.94x in total when bidding closed on 30 Jan 2023, with 33.65x in the QIB category, 33.65x in NII, 42.23x in retail. The issue ran from 25 Jan 2023 to 30 Jan 2023 at a price band of ₹30.00 per share.

QIB33.65xNII33.65xRetail42.23xTotal37.94x1×

Times subscribed by category against the 1× line.

43
≈ 1 in 43 retail allotment
low allotment chance

Based on retail subscription (42.23x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail7,24,0003,05,74,52042.23x
Total14,48,0005,49,37,12037.94x
QIB / NII7,24,0002,43,62,60033.65x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail2.1791.7242.23x
QIB / NII2.1773.0933.65x
Total4.34164.8137.94x

Values derived from share count × issue price (₹30.00)

What this means for allotment & listing

Because Gayatri Rubbers and Chemicals 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.

Gayatri Rubbers and Chemicals Limited IPO subscription FAQs