SMEClosed

Owais Metal and Mineral Processing Limited IPO Subscription Status

📅Offer Date: 26 Feb 2024 – 28 Feb 2024

Minimum investment
₹1,39,2001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total221.18x
QIB0.00x
NII0.00x
Retail248.50x

Owais Metal and Mineral Processing Limited IPO was subscribed 221.18x in total when bidding closed on 28 Feb 2024, with 0.00x in the QIB category, 0.00x in NII, 248.50x in retail. The issue ran from 26 Feb 2024 to 28 Feb 2024 at a price band of ₹83.00–₹87.00 per share.

QIB0.00xNII0.00xRetail248.50xTotal221.18x1×

Times subscribed by category against the 1× line.

249
≈ 1 in 249 retail allotment
low allotment chance

Based on retail subscription (248.50x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail15,98,40039,72,02,400248.50x
Total31,95,20070,67,14,336221.18x
QIB / NII9,12,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail13.913455.66248.50x
QIB / NII7.93—0.00x
Total21.843455.66221.18x

Values derived from share count × issue price (₹87.00)

What this means for allotment & listing

Because Owais Metal and Mineral Processing 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.

Owais Metal and Mineral Processing Limited IPO subscription FAQs