SMEClosed

Thaai Casting Limited IPO Subscription Status

📅Offer Date: 15 Feb 2024 – 20 Feb 2024

Minimum investment
₹1,23,2001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total375.52x
QIB0.00x
NII0.00x
Retail355.66x

Thaai Casting Limited IPO was subscribed 375.52x in total when bidding closed on 20 Feb 2024, with 0.00x in the QIB category, 0.00x in NII, 355.66x in retail. The issue ran from 15 Feb 2024 to 20 Feb 2024 at a price band of ₹73.00–₹77.00 per share.

QIB0.00xNII0.00xRetail355.66xTotal375.52x1×

Times subscribed by category against the 1× line.

356
≈ 1 in 356 retail allotment
low allotment chance

Based on retail subscription (355.66x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail20,24,00071,98,55,840355.66x
Total40,48,0001,52,01,04,960375.52x
QIB / NII11,56,80000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail15.585542.89355.66x
QIB / NII8.91—0.00x
Total24.495542.89375.52x

Values derived from share count × issue price (₹77.00)

What this means for allotment & listing

Because Thaai Casting 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.

Thaai Casting Limited IPO subscription FAQs