SMEClosed

Sharp Chucks and Machines Limited IPO Subscription Status

📅Offer Date: 29 Sept 2023 – 05 Oct 2023

Minimum investment
₹1,16,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total51.28x
QIB32.92x
NII32.92x
Retail63.96x

Sharp Chucks and Machines Limited IPO was subscribed 51.28x in total when bidding closed on 05 Oct 2023, with 32.92x in the QIB category, 32.92x in NII, 63.96x in retail. The issue ran from 29 Sept 2023 to 05 Oct 2023 at a price band of ₹58.00 per share.

QIB32.92xNII32.92xRetail63.96xTotal51.28x1×

Times subscribed by category against the 1× line.

64
≈ 1 in 64 retail allotment
low allotment chance

Based on retail subscription (63.96x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail13,78,0008,81,36,88063.96x
Total27,56,00014,13,27,68051.28x
QIB / NII13,78,0004,53,63,76032.92x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail7.99511.1963.96x
QIB / NII7.99263.1132.92x
Total15.98774.3051.28x

Values derived from share count × issue price (₹58.00)

What this means for allotment & listing

Because Sharp Chucks and Machines 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.

Sharp Chucks and Machines Limited IPO subscription FAQs