Newmalayalam Steel IPO Subscription
The Newmalayalam Steel IPO subscription reflects the demand received from different investor categories during the bidding period. The subscription data includes the number of shares offered, shares bid for, and the subscription multiple (X) for categories such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
As per the latest subscription update, the Newmalayalam Steel IPO has received bids for 22,35,85,600 shares against 44,06,400 shares offered, resulting in an overall subscription of 50.74x. the NII category is subscribed 24.74x, Retail Investors 87.71x, and QIBs 1.26x.
- Retail
- 87.71x
- NII
- 24.74x
- QIB
- 1.26x
- Total
- 50.74x
Current GMP
₹30 (+33.33%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Newmalayalam Steel IPO Subscription Details ( Mon, 23 Dec 24 01:29 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 441,600 | 558,400 | 1.26x |
| Non-Institutional | 1,980,800 | 49,014,400 | 24.74x |
| Retail Investors | 1,984,000 | 174,012,800 | 87.71x |
| Total | 4,406,400 | 223,585,600 | 50.74x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Application Wise Breakup (Approximate)
| Category | Reserved Apps | Applied Apps | 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.
Shares bids Against Offered
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Where Can I Check the Newmalayalam Steel IPO Live Subscription Status?
You can check the Newmalayalam Steel 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 Newmalayalam Steel IPO retail subscription status?
The Retail Individual Investor (RII) portion of the Newmalayalam Steel IPO was subscribed 87.71 times as of Mon, Dec 23, 2024 06:59 PM. The public issue closed on Mon, Dec 23, 2024 for bidding.
How to subscribe Newmalayalam Steel IPO?
Investors can apply for the Newmalayalam Steel 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 Newmalayalam Steel IPO subscribed?
The Newmalayalam Steel IPO was subscribed 50.74x times at the close of bidding period on Mon, Dec 23, 2024.
How to check Newmalayalam Steel IPO allotment?
The Newmalayalam Steel IPO allotment was finalized on Tue, Dec 24, 2024. You can check the Newmalayalam Steel 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 Newmalayalam Steel IPO Be Listed?
The Newmalayalam Steel IPO was listed on Fri, Dec 27, 2024, on the NSE.
What is the Newmalayalam Steel IPO Qualified Institutional Buyers (QIB) subscription status?
The Qualified Institutional Buyers (QIB) category of Newmalayalam Steel IPO was subscribed 1.26 times as of Mon, Dec 23, 2024 06:59 PM.