SMEClosed

Proventus Agrocom Limited IPO Subscription Status

📅Offer Date: 24 May 2023 – 26 May 2023

Minimum investment
₹1,23,360160 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total2.61x
QIB4.30x
NII4.30x
Retail0.74x

Proventus Agrocom Limited IPO was subscribed 2.61x in total when bidding closed on 26 May 2023, with 4.30x in the QIB category, 4.30x in NII, 0.74x in retail. The issue ran from 24 May 2023 to 26 May 2023 at a price band of ₹771.00 per share.

QIB4.30xNII4.30xRetail0.74xTotal2.61x1×

Times subscribed by category against the 1× line.

1
≈ 1 in 1 retail allotment
high allotment chance

Based on retail subscription (0.74x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail4,28,4503,17,0530.74x
Total9,02,00023,54,2202.61x
QIB / NII4,73,55020,36,2654.30x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail33.0324.440.74x
QIB / NII36.51157.004.30x
Total69.54181.442.61x

Values derived from share count × issue price (₹771.00)

What this means for allotment & listing

Because Proventus Agrocom 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.

Proventus Agrocom Limited IPO subscription FAQs