SMEClosed

Karnika Industries Limited IPO Subscription Status

📅Offer Date: 29 Sept 2023 – 05 Oct 2023

Minimum investment
₹1,21,6001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total3.12x
QIB3.32x
NII3.32x
Retail2.91x

Karnika Industries Limited IPO was subscribed 3.12x in total when bidding closed on 05 Oct 2023, with 3.32x in the QIB category, 3.32x in NII, 2.91x in retail. The issue ran from 29 Sept 2023 to 05 Oct 2023 at a price band of ₹76.00 per share.

QIB3.32xNII3.32xRetail2.91xTotal3.12x1×

Times subscribed by category against the 1× line.

3
≈ 1 in 3 retail allotment
moderate allotment chance

Based on retail subscription (2.91x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail15,66,40045,58,2242.91x
Total31,32,80097,74,3363.12x
QIB / NII15,66,40052,00,4483.32x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail11.9034.642.91x
QIB / NII11.9039.523.32x
Total23.8174.173.12x

Values derived from share count × issue price (₹76.00)

What this means for allotment & listing

Because Karnika Industries 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.

Karnika Industries Limited IPO subscription FAQs