SMEClosed

Saakshi Medtech and Panels Limited IPO Subscription Status

📅Offer Date: 25 Sept 2023 – 27 Sept 2023

Minimum investment
₹1,16,4001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total91.72x
QIB0.00x
NII0.00x
Retail75.88x

Saakshi Medtech and Panels Limited IPO was subscribed 91.72x in total when bidding closed on 27 Sept 2023, with 0.00x in the QIB category, 0.00x in NII, 75.88x in retail. The issue ran from 25 Sept 2023 to 27 Sept 2023 at a price band of ₹92.00–₹97.00 per share.

QIB0.00xNII0.00xRetail75.88xTotal91.72x1×

Times subscribed by category against the 1× line.

76
≈ 1 in 76 retail allotment
low allotment chance

Based on retail subscription (75.88x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail0075.88x
Total0091.72x
QIB / NII000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail——75.88x
QIB / NII——0.00x
Total——91.72x

Values derived from share count × issue price (₹97.00)

What this means for allotment & listing

Because Saakshi Medtech and Panels 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.

Saakshi Medtech and Panels Limited IPO subscription FAQs