📅Offer Date: 19 Dec 2024 – 23 Dec 2024
Data sourced from BSE & NSE · Last updated
NewMalayalam Steel Limited IPO was subscribed 50.74x in total when bidding closed on 23 Dec 2024, with 0.00x in the QIB category, 0.00x in NII, 87.71x in retail. The issue ran from 19 Dec 2024 to 23 Dec 2024 at a price band of ₹85.00–₹90.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (87.71x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| Retail | 19,84,000 | 17,40,16,640 | 87.71x |
| Total | 44,06,400 | 22,35,80,736 | 50.74x |
| QIB / NII | 4,41,600 | 0 | 0.00x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| Retail | 17.86 | 1566.15 | 87.71x |
| QIB / NII | 3.97 | — | 0.00x |
| Total | 21.83 | 1566.15 | 50.74x |
Values derived from share count × issue price (₹90.00)
Because NewMalayalam Steel 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.