SMEClosed

Nirman Agri Genetics Limited IPO Subscription Status

📅Offer Date: 15 Mar 2023 – 20 Mar 2023

Minimum investment
₹1,18,8001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total1.71x
QIB1.22x
NII1.22x
Retail2.20x

Nirman Agri Genetics Limited IPO was subscribed 1.71x in total when bidding closed on 20 Mar 2023, with 1.22x in the QIB category, 1.22x in NII, 2.20x in retail. The issue ran from 15 Mar 2023 to 20 Mar 2023 at a price band of ₹99.00 per share.

QIB1.22xNII1.22xRetail2.20xTotal1.71x1×

Times subscribed by category against the 1× line.

3
≈ 1 in 3 retail allotment
moderate allotment chance

Based on retail subscription (2.20x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail9,73,20021,41,0402.20x
Total19,46,40033,28,3441.71x
QIB / NII9,73,20011,87,3041.22x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail9.6321.202.20x
QIB / NII9.6311.751.22x
Total19.2732.951.71x

Values derived from share count × issue price (₹99.00)

What this means for allotment & listing

Because Nirman Agri Genetics 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.

Nirman Agri Genetics Limited IPO subscription FAQs