SMEClosed

Phoenix Overseas Limited IPO Subscription Status

📅Offer Date: 20 Sept 2024 – 24 Sept 2024

Minimum investment
₹1,28,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total125.52x
QIB0.00x
NII0.00x
Retail157.75x

Phoenix Overseas Limited IPO was subscribed 125.52x in total when bidding closed on 24 Sept 2024, with 0.00x in the QIB category, 0.00x in NII, 157.75x in retail. The issue ran from 20 Sept 2024 to 24 Sept 2024 at a price band of ₹61.00–₹64.00 per share.

QIB0.00xNII0.00xRetail157.75xTotal125.52x1×

Times subscribed by category against the 1× line.

158
≈ 1 in 158 retail allotment
low allotment chance

Based on retail subscription (157.75x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail22,46,00035,43,06,500157.75x
Total54,34,00068,20,75,680125.52x
QIB / NII8,02,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail14.372267.56157.75x
QIB / NII5.13—0.00x
Total19.512267.56125.52x

Values derived from share count × issue price (₹64.00)

What this means for allotment & listing

Because Phoenix Overseas 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.

Phoenix Overseas Limited IPO subscription FAQs