SMEClosed

Magson Retail and Distribution Limited IPO Subscription Status

📅Offer Date: 23 Jun 2023 – 27 Jun 2023

Minimum investment
₹1,30,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total6.76x
QIB6.19x
NII6.19x
Retail7.33x

Magson Retail and Distribution Limited IPO was subscribed 6.76x in total when bidding closed on 27 Jun 2023, with 6.19x in the QIB category, 6.19x in NII, 7.33x in retail. The issue ran from 23 Jun 2023 to 27 Jun 2023 at a price band of ₹65.00 per share.

QIB6.19xNII6.19xRetail7.33xTotal6.76x1×

Times subscribed by category against the 1× line.

8
≈ 1 in 8 retail allotment
low allotment chance

Based on retail subscription (7.33x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail10,04,00073,59,3207.33x
Total10,08,00068,14,0806.76x
QIB / NII10,04,00062,14,7606.19x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail6.5347.847.33x
QIB / NII6.5340.406.19x
Total13.0588.236.76x

Values derived from share count × issue price (₹65.00)

What this means for allotment & listing

Because Magson Retail and Distribution 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.

Magson Retail and Distribution Limited IPO subscription FAQs