SMEClosed

GSM Foils Limited IPO Subscription Status

📅Offer Date: 24 May 2024 – 28 May 2024

Minimum investment
₹1,28,0004000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total253.36x
QIB259.62x
NII259.62x
Retail247.10x

GSM Foils Limited IPO was subscribed 253.36x in total when bidding closed on 28 May 2024, with 259.62x in the QIB category, 259.62x in NII, 247.10x in retail. The issue ran from 24 May 2024 to 28 May 2024 at a price band of ₹32.00 per share.

QIB259.62xNII259.62xRetail247.10xTotal253.36x1×

Times subscribed by category against the 1× line.

248
≈ 1 in 248 retail allotment
low allotment chance

Based on retail subscription (247.10x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail16,32,00040,32,67,200247.10x
Total32,64,00082,69,67,040253.36x
QIB / NII16,32,00042,36,99,840259.62x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail5.221290.46247.10x
QIB / NII5.221355.84259.62x
Total10.442646.29253.36x

Values derived from share count × issue price (₹32.00)

What this means for allotment & listing

Because GSM Foils 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.

GSM Foils Limited IPO subscription FAQs