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Envirotech Systems IPO Subscription

13 September - 19 September 2024 Closed
Sme NSE

The Envirotech Systems IPO has received bids for 30,24,70,000 shares against 32,92,000 shares offered, resulting in an overall subscription of 91.88x. the NII category is subscribed 188.14x, Retail Investors 64.16x, and QIBs 68.12x.

Retail
64.16x
NII
188.14x
QIB
68.12x
Total
91.88x

Total Subscribed

91.88x

Open Date 13 Sep, 2024
Close Date 19 Sep, 2024
Market Cap 105.22 Cr

IPO Allotment Chances

Approx

Individual/Retail (64.16x)

1 out of 0 Investors

NII (188.14x)

1 out of 0 Investors

sNII (0x)

1 out of 1 Investors

The allotment percentage displayed above is an estimate based on the retail,NII and sNII subscription multiple. However, the actual chances of allotment are higher due to several factors:

  • Not every IPO investor applies at cut-off price: Some investors place bids at lower prices than the cut-off, reducing competition for allotment.
  • Multiple lot applications: Many investors apply for multiple lots using a single application. Even if they get multiple lots, it still counts as 1 allotment in the draw, significantly improving individual chances.
  • Applicant behavior: The combination of below-cut-off bids and multiple-lot applications means the effective allotment chances are substantially higher than the base subscription multiple suggests.

This calculation accounts for these behavioral patterns to provide a more realistic estimate of your allotment chances.

Envirotech Systems IPO Subscription Details ( Thu, 19 Sep 24 06:54 PM)

Category Shares Offered Shares Bid For Subscription (x)
Qualified Institutions 940,00064,030,00068.12x
Non-Institutional 706,000132,826,000188.14x
Retail Investors 1,646,000105,614,00064.16x
Total 3,292,000302,470,00091.88x

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Application Wise Breakup (Approximate)

Category Reserved Applied Times (x)
Non-Institutional - 0 -
Retail Investors - 0 -

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Envirotech Systems IPO Reservations Details

Category Shares Offered Shares Offered %
Anchor Investors 1,406,00026%
Market Maker 702,00013%
Qualified Institutions 940,00017%
Non-Institutional 706,00013%
Retail Investors 1,646,00030%
Total 5,400,000100%

Share Reservation By Category

Shares bids Against Offered

More About Envirotech Systems IPO

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Where Can I Check the Envirotech Systems IPO Live Subscription Status?

You can check the Envirotech Systems IPO live subscription status on the IPO Master App or the official websites of the NSE. The live subscription data is updated regularly during the IPO bidding period and displays category-wise subscription figures for Retail Individual Investors (RII), Non-Institutional Investors (NII), Qualified Institutional Buyers (QIB), Employees (if applicable), and the overall IPO subscription.

What is Envirotech Systems IPO retail subscription status?

The Retail Individual Investor (RII) portion of the Envirotech Systems IPO was subscribed 64.16 times as of Thu, Sep 19, 2024 06:54 PM. The public issue closed on Thu, Sep 19, 2024 for bidding.

How to subscribe Envirotech Systems IPO?

Investors can apply for the Envirotech Systems IPO online through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or via UPI using a SEBI-registered stockbroker or trading app. Select the desired lot size, enter your bid within the price band, and submit your application during the IPO subscription period. The application amount remains blocked in your bank account until the IPO allotment process is completed.

How many times Envirotech Systems IPO subscribed?

The Envirotech Systems IPO was subscribed 91.88x times at the close of bidding period on Thu, Sep 19, 2024.

How to check Envirotech Systems IPO allotment?

The Envirotech Systems IPO allotment was finalized on Fri, Sep 20, 2024. You can check the Envirotech Systems IPO allotment status on the registrar's website or the BSE/NSE websites using your PAN, application number, or DP/Client ID. You can also check the allotment status quickly through the IPO Master App.

When Will the Envirotech Systems IPO Be Listed?

The Envirotech Systems IPO was listed on Tue, Sep 24, 2024, on the NSE.

What is the Envirotech Systems IPO Qualified Institutional Buyers (QIB) subscription status?

The Qualified Institutional Buyers (QIB) category of Envirotech Systems IPO was subscribed 68.12 times as of Thu, Sep 19, 2024 06:54 PM.