MainboardClosed

Platinum Industries Limited IPO Subscription Status

📅Offer Date: 27 Feb 2024 – 29 Feb 2024

Minimum investment
₹14,87787 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total99.02x
QIB151.00x
NII141.82x
Retail50.96x

Platinum Industries Limited IPO was subscribed 99.02x in total when bidding closed on 29 Feb 2024, with 151.00x in the QIB category, 141.82x in NII, 50.96x in retail. The issue ran from 27 Feb 2024 to 29 Feb 2024 at a price band of ₹162.00–₹171.00 per share.

QIB151.00xNII141.82xRetail50.96xTotal99.02x1×

Times subscribed by category against the 1× line.

51
≈ 1 in 51 retail allotment
low allotment chance

Based on retail subscription (50.96x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs27,52,37541,56,08,625151.00x
NIIs20,64,18429,27,42,575141.82x
SNIIs (<10L)6,88,06110,22,11,462148.55x
BNIIs (>10L)13,76,12319,05,37,991138.46x
Retail48,16,42924,54,45,22250.96x
Total96,32,98895,38,58,47299.02x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs47.077106.91151.00x
NIIs35.305005.90141.82x
Retail82.364197.1150.96x
Total164.7216309.9299.02x

Values derived from share count × issue price (₹171.00)

What this means for allotment & listing

Because Platinum Industries 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.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Platinum Industries Limited IPO subscription FAQs