SMEClosed

Madhusudan Masala Limited IPO Subscription Status

📅Offer Date: 18 Sept 2023 – 21 Sept 2023

Minimum investment
₹1,40,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total444.12x
QIB0.00x
NII0.00x
Retail592.44x

Madhusudan Masala Limited IPO was subscribed 444.12x in total when bidding closed on 21 Sept 2023, with 0.00x in the QIB category, 0.00x in NII, 592.44x in retail. The issue ran from 18 Sept 2023 to 21 Sept 2023 at a price band of ₹66.00–₹70.00 per share.

QIB0.00xNII0.00xRetail592.44xTotal444.12x1×

Times subscribed by category against the 1× line.

593
≈ 1 in 593 retail allotment
low allotment chance

Based on retail subscription (592.44x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail11,30,00066,94,57,200592.44x
Total22,62,0001,00,45,99,440444.12x
QIB / NII6,46,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail7.914686.20592.44x
QIB / NII4.52—0.00x
Total12.434686.20444.12x

Values derived from share count × issue price (₹70.00)

What this means for allotment & listing

Because Madhusudan Masala 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.

Madhusudan Masala Limited IPO subscription FAQs