SMEClosed

Siddhika Coatings Limited IPO Subscription Status

📅Offer Date: 24 Mar 2021 – 26 Mar 2021

Minimum investment
₹1,14,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total2.60x
QIB2.33x
NII2.33x
Retail2.87x

Siddhika Coatings Limited IPO was subscribed 2.60x in total when bidding closed on 26 Mar 2021, with 2.33x in the QIB category, 2.33x in NII, 2.87x in retail. The issue ran from 24 Mar 2021 to 26 Mar 2021 at a price band of ₹57.00 per share.

QIB2.33xNII2.33xRetail2.87xTotal2.60x1×

Times subscribed by category against the 1× line.

3
≈ 1 in 3 retail allotment
moderate allotment chance

Based on retail subscription (2.87x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail3,91,00011,22,1702.87x
Total7,82,00020,33,2002.60x
QIB / NII3,91,0009,11,0302.33x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail2.236.402.87x
QIB / NII2.235.192.33x
Total4.4611.592.60x

Values derived from share count × issue price (₹57.00)

What this means for allotment & listing

Because Siddhika Coatings 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.

Siddhika Coatings Limited IPO subscription FAQs