SMEClosed

Ramdevbaba Solvent Limited IPO Subscription Status

📅Offer Date: 15 Apr 2024 – 18 Apr 2024

Minimum investment
₹1,36,0001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total126.29x
QIB0.00x
NII0.00x
Retail79.96x

Ramdevbaba Solvent Limited IPO was subscribed 126.29x in total when bidding closed on 18 Apr 2024, with 0.00x in the QIB category, 0.00x in NII, 79.96x in retail. The issue ran from 15 Apr 2024 to 18 Apr 2024 at a price band of ₹80.00–₹85.00 per share.

QIB0.00xNII0.00xRetail79.96xTotal126.29x1×

Times subscribed by category against the 1× line.

80
≈ 1 in 80 retail allotment
low allotment chance

Based on retail subscription (79.96x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail19,60,00015,67,21,60079.96x
Total39,20,00049,50,56,800126.29x
QIB / NII11,20,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail16.661332.1379.96x
QIB / NII9.52—0.00x
Total26.181332.13126.29x

Values derived from share count × issue price (₹85.00)

What this means for allotment & listing

Because Ramdevbaba Solvent 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.

Ramdevbaba Solvent Limited IPO subscription FAQs