SMEClosed

SPP Polymer Limited IPO Subscription Status

📅Offer Date: 10 Sept 2024 – 12 Sept 2024

Minimum investment
₹1,18,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total41.17x
QIB22.46x
NII22.46x
Retail59.87x

SPP Polymer Limited IPO was subscribed 41.17x in total when bidding closed on 12 Sept 2024, with 22.46x in the QIB category, 22.46x in NII, 59.87x in retail. The issue ran from 10 Sept 2024 to 12 Sept 2024 at a price band of ₹59.00 per share.

QIB22.46xNII22.46xRetail59.87xTotal41.17x1×

Times subscribed by category against the 1× line.

60
≈ 1 in 60 retail allotment
low allotment chance

Based on retail subscription (59.87x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail19,70,00011,79,43,90059.87x
Total39,40,00016,22,09,80041.17x
QIB / NII19,70,0004,42,46,20022.46x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail11.62695.8759.87x
QIB / NII11.62261.0522.46x
Total23.25956.9241.17x

Values derived from share count × issue price (₹59.00)

What this means for allotment & listing

Because SPP Polymer 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.

SPP Polymer Limited IPO subscription FAQs