SMEClosed

Surani Steel Tubes Limited IPO Subscription Status

📅Offer Date: 25 Jan 2019 – 29 Jan 2019

Minimum investment
₹1,04,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total0.00x
QIB0.00x
NII0.00x
Retail0.00x

Surani Steel Tubes Limited IPO was subscribed 0.00x in total when bidding closed on 29 Jan 2019, with 0.00x in the QIB category, 0.00x in NII, 0.00x in retail. The issue ran from 25 Jan 2019 to 29 Jan 2019 at a price band of ₹51.00–₹52.00 per share.

QIB0.00xNII0.00xRetail0.00xTotal0.00x1×

Times subscribed by category against the 1× line.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail11,79,00000.00x
Total23,58,00000.00x
QIB / NII11,79,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail6.13—0.00x
QIB / NII6.13—0.00x
Total12.26—0.00x

Values derived from share count × issue price (₹52.00)

What this means for allotment & listing

Because Surani Steel Tubes Limited closed undersubscribed, 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.

Surani Steel Tubes Limited IPO subscription FAQs