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Plaza Wires Limited IPO Subscription Status

📅Offer Date: 29 Sept 2023 – 05 Oct 2023

Minimum investment
₹14,958277 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total160.98x
QIB42.84x
NII388.10x
Retail374.81x

Plaza Wires Limited IPO was subscribed 160.98x in total when bidding closed on 05 Oct 2023, with 42.84x in the QIB category, 388.10x in NII, 374.81x in retail. The issue ran from 29 Sept 2023 to 05 Oct 2023 at a price band of ₹51.00–₹54.00 per share.

QIB42.84xNII388.10xRetail374.81xTotal160.98x1×

Times subscribed by category against the 1× line.

375
≈ 1 in 375 retail allotment
low allotment chance

Based on retail subscription (374.81x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs61,96,07626,54,39,89642.84x
NIIs19,80,02376,84,46,926388.10x
SNIIs (<10L)6,60,00829,20,40,340442.48x
BNIIs (>10L)13,20,01547,64,19,814360.92x
Retail13,20,01549,47,54,822374.81x
Total1,32,00,1582,12,49,61,435160.98x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs33.461433.3842.84x
NIIs10.694149.61388.10x
Retail7.132671.68374.81x
Total51.288254.66160.98x

Values derived from share count × issue price (₹54.00)

What this means for allotment & listing

Because Plaza Wires 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.

Plaza Wires Limited IPO subscription FAQs