📅Offer Date: 12 Sept 2023 – 15 Sept 2023
Data sourced from BSE & NSE · Last updated
Kundan Edifice Limited IPO was subscribed 39.96x in total when bidding closed on 15 Sept 2023, with 31.06x in the QIB category, 31.06x in NII, 44.13x in retail. The issue ran from 12 Sept 2023 to 15 Sept 2023 at a price band of ₹91.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (44.13x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| Retail | 13,15,200 | 5,80,39,776 | 44.13x |
| Total | 26,30,400 | 10,51,10,784 | 39.96x |
| QIB / NII | 13,15,200 | 4,08,50,112 | 31.06x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| Retail | 11.97 | 528.16 | 44.13x |
| QIB / NII | 11.97 | 371.74 | 31.06x |
| Total | 23.94 | 899.90 | 39.96x |
Values derived from share count × issue price (₹91.00)
Because Kundan Edifice 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.