SMEClosed

Swastik Pipe Limited IPO Subscription Status

📅Offer Date: 29 Sept 2022 – 03 Oct 2022

Minimum investment
₹1,20,0001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total1.35x
QIB1.29x
NII1.29x
Retail1.33x

Swastik Pipe Limited IPO was subscribed 1.35x in total when bidding closed on 03 Oct 2022, with 1.29x in the QIB category, 1.29x in NII, 1.33x in retail. The issue ran from 29 Sept 2022 to 03 Oct 2022 at a price band of ₹97.00–₹100.00 per share.

QIB1.29xNII1.29xRetail1.33xTotal1.35x1×

Times subscribed by category against the 1× line.

2
≈ 1 in 2 retail allotment
moderate allotment chance

Based on retail subscription (1.33x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail29,68,80039,48,5041.33x
Total59,37,60080,15,7601.35x
QIB / NII29,68,80038,29,7521.29x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail29.6939.491.33x
QIB / NII29.6938.301.29x
Total59.3877.781.35x

Values derived from share count × issue price (₹100.00)

What this means for allotment & listing

Because Swastik Pipe 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.

Swastik Pipe Limited IPO subscription FAQs