SMEClosed

Polysil Irrigation Systems Limited IPO Subscription Status

📅Offer Date: 08 Feb 2024 – 13 Feb 2024

Minimum investment
₹1,08,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total6.88x
QIB2.23x
NII2.23x
Retail11.62x

Polysil Irrigation Systems Limited IPO was subscribed 6.88x in total when bidding closed on 13 Feb 2024, with 2.23x in the QIB category, 2.23x in NII, 11.62x in retail. The issue ran from 08 Feb 2024 to 13 Feb 2024 at a price band of ₹54.00 per share.

QIB2.23xNII2.23xRetail11.62xTotal6.88x1×

Times subscribed by category against the 1× line.

12
≈ 1 in 12 retail allotment
low allotment chance

Based on retail subscription (11.62x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail15,32,0001,78,01,84011.62x
Total30,64,0002,10,80,3206.88x
QIB / NII15,32,00034,16,3602.23x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail8.2796.1311.62x
QIB / NII8.2718.452.23x
Total16.55114.586.88x

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

What this means for allotment & listing

Because Polysil Irrigation Systems 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.

Polysil Irrigation Systems Limited IPO subscription FAQs