SMEClosed

Srivari Spices and Foods Limited IPO Subscription Status

📅Offer Date: 07 Aug 2023 – 09 Aug 2023

Minimum investment
₹1,26,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total450.10x
QIB0.00x
NII0.00x
Retail517.95x

Srivari Spices and Foods Limited IPO was subscribed 450.10x in total when bidding closed on 09 Aug 2023, with 0.00x in the QIB category, 0.00x in NII, 517.95x in retail. The issue ran from 07 Aug 2023 to 09 Aug 2023 at a price band of ₹40.00–₹42.00 per share.

QIB0.00xNII0.00xRetail517.95xTotal450.10x1×

Times subscribed by category against the 1× line.

518
≈ 1 in 518 retail allotment
low allotment chance

Based on retail subscription (517.95x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail7,14,00036,98,16,300517.95x
Total14,28,00064,27,42,800450.10x
QIB / NII4,08,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail3.001553.23517.95x
QIB / NII1.71—0.00x
Total4.711553.23450.10x

Values derived from share count × issue price (₹42.00)

What this means for allotment & listing

Because Srivari Spices and Foods 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.

Srivari Spices and Foods Limited IPO subscription FAQs