SMEClosed

TBI Corn Limited IPO Subscription Status

📅Offer Date: 31 May 2024 – 04 Jun 2024

Minimum investment
₹1,12,8001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total231.21x
QIB0.00x
NII0.00x
Retail523.29x

TBI Corn Limited IPO was subscribed 231.21x in total when bidding closed on 04 Jun 2024, with 0.00x in the QIB category, 0.00x in NII, 523.29x in retail. The issue ran from 31 May 2024 to 04 Jun 2024 at a price band of ₹90.00–₹94.00 per share.

QIB0.00xNII0.00xRetail523.29xTotal231.21x1×

Times subscribed by category against the 1× line.

524
≈ 1 in 524 retail allotment
low allotment chance

Based on retail subscription (523.29x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail1,59,20,0008,33,07,76,800523.29x
Total31,82,40073,58,02,704231.21x
QIB / NII9,08,80000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail149.6578309.30523.29x
QIB / NII8.54—0.00x
Total158.1978309.30231.21x

Values derived from share count × issue price (₹94.00)

What this means for allotment & listing

Because TBI Corn 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.

TBI Corn Limited IPO subscription FAQs