SMEClosed

Solve Plastic Products Limited IPO Subscription Status

📅Offer Date: 13 Aug 2024 – 16 Aug 2024

Minimum investment
₹1,09,2001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total33.17x
QIB19.58x
NII19.58x
Retail46.76x

Solve Plastic Products Limited IPO was subscribed 33.17x in total when bidding closed on 16 Aug 2024, with 19.58x in the QIB category, 19.58x in NII, 46.76x in retail. The issue ran from 13 Aug 2024 to 16 Aug 2024 at a price band of ₹91.00 per share.

QIB19.58xNII19.58xRetail46.76xTotal33.17x1×

Times subscribed by category against the 1× line.

47
≈ 1 in 47 retail allotment
low allotment chance

Based on retail subscription (46.76x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail6,18,0002,88,97,68046.76x
Total12,36,0004,09,98,12033.17x
QIB / NII6,18,0001,21,00,44019.58x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail5.62262.9746.76x
QIB / NII5.62110.1119.58x
Total11.25373.0833.17x

Values derived from share count × issue price (₹91.00)

What this means for allotment & listing

Because Solve Plastic Products 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.

Solve Plastic Products Limited IPO subscription FAQs