SMEClosed

Upsurge Seeds of Agriculture Limited IPO Subscription Status

📅Offer Date: 29 Jul 2022 – 02 Aug 2022

Minimum investment
₹1,44,0001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total80.50x
QIB101.70x
NII101.70x
Retail59.29x

Upsurge Seeds of Agriculture Limited IPO was subscribed 80.50x in total when bidding closed on 02 Aug 2022, with 101.70x in the QIB category, 101.70x in NII, 59.29x in retail. The issue ran from 29 Jul 2022 to 02 Aug 2022 at a price band of ₹120.00 per share.

QIB101.70xNII101.70xRetail59.29xTotal80.50x1×

Times subscribed by category against the 1× line.

60
≈ 1 in 60 retail allotment
low allotment chance

Based on retail subscription (59.29x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail9,02,4005,35,03,29659.29x
Total18,04,80014,52,86,40080.50x
QIB / NII9,02,4009,17,74,080101.70x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail10.83642.0459.29x
QIB / NII10.831101.29101.70x
Total21.661743.3380.50x

Values derived from share count × issue price (₹120.00)

What this means for allotment & listing

Because Upsurge Seeds of Agriculture 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.

Upsurge Seeds of Agriculture Limited IPO subscription FAQs