SMEClosed

MCON Rasayan India Limited IPO Subscription Status

📅Offer Date: 06 Mar 2023 – 10 Mar 2023

Minimum investment
₹1,20,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total384.64x
QIB315.86x
NII315.86x
Retail453.41x

MCON Rasayan India Limited IPO was subscribed 384.64x in total when bidding closed on 10 Mar 2023, with 315.86x in the QIB category, 315.86x in NII, 453.41x in retail. The issue ran from 06 Mar 2023 to 10 Mar 2023 at a price band of ₹40.00 per share.

QIB315.86xNII315.86xRetail453.41xTotal384.64x1×

Times subscribed by category against the 1× line.

454
≈ 1 in 454 retail allotment
low allotment chance

Based on retail subscription (453.41x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail8,10,00036,72,62,100453.41x
Total16,20,00062,31,16,800384.64x
QIB / NII8,10,00025,58,46,600315.86x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail3.241469.05453.41x
QIB / NII3.241023.39315.86x
Total6.482492.43384.64x

Values derived from share count × issue price (₹40.00)

What this means for allotment & listing

Because MCON Rasayan India 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.

MCON Rasayan India Limited IPO subscription FAQs