SMEClosed

Nidan Laboratories and Healthcare Limited IPO Subscription Status

📅Offer Date: 28 Oct 2021 – 02 Nov 2021

Minimum investment
₹1,25,0001000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total1.80x
QIB0.15x
NII0.15x
Retail3.44x

Nidan Laboratories and Healthcare Limited IPO was subscribed 1.80x in total when bidding closed on 02 Nov 2021, with 0.15x in the QIB category, 0.15x in NII, 3.44x in retail. The issue ran from 28 Oct 2021 to 02 Nov 2021 at a price band of ₹125.00 per share.

QIB0.15xNII0.15xRetail3.44xTotal1.80x1×

Times subscribed by category against the 1× line.

4
≈ 1 in 4 retail allotment
low allotment chance

Based on retail subscription (3.44x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail19,00,00065,36,0003.44x
Total38,00,00068,40,0001.80x
QIB / NII19,00,0002,85,0000.15x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail23.7581.703.44x
QIB / NII23.753.560.15x
Total47.5085.261.80x

Values derived from share count × issue price (₹125.00)

What this means for allotment & listing

Because Nidan Laboratories and Healthcare 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.

Nidan Laboratories and Healthcare Limited IPO subscription FAQs