SMEClosed

Marco Cables and Conductors Limited IPO Subscription Status

📅Offer Date: 21 Sept 2023 – 25 Sept 2023

Minimum investment
₹1,08,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total29.86x
QIB22.28x
NII22.28x
Retail35.24x

Marco Cables and Conductors Limited IPO was subscribed 29.86x in total when bidding closed on 25 Sept 2023, with 22.28x in the QIB category, 22.28x in NII, 35.24x in retail. The issue ran from 21 Sept 2023 to 25 Sept 2023 at a price band of ₹36.00 per share.

QIB22.28xNII22.28xRetail35.24xTotal29.86x1×

Times subscribed by category against the 1× line.

36
≈ 1 in 36 retail allotment
low allotment chance

Based on retail subscription (35.24x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail0035.24x
Total0029.86x
QIB / NII0022.28x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail——35.24x
QIB / NII——22.28x
Total——29.86x

Values derived from share count × issue price (₹36.00)

What this means for allotment & listing

Because Marco Cables and Conductors 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.

Marco Cables and Conductors Limited IPO subscription FAQs