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Popular Foundations IPO Subscription

13 September - 19 September 2024 Closed
Sme BSE

The Popular Foundations IPO has received bids for 4,72,65,000 shares against 51,00,000 shares offered, resulting in an overall subscription of 9.27x. the NII category is subscribed 3.65x, Retail Investors 14.89x, and QIBs 0x.

Retail
14.89x
NII
3.65x
QIB
0x
Total
9.27x

Total Subscribed

9.27x

Open Date 13 Sep, 2024
Close Date 19 Sep, 2024
Market Cap 75.40 Cr

IPO Allotment Chances

Approx

Individual/Retail (14.89x)

1 out of 0 Investors

NII (3.65x)

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.

Popular Foundations IPO Subscription Details ( Thu, 19 Sep 24 07:12 PM)

Category Shares Offered Shares Bid For Subscription (x)
Qualified Institutions 000x
Non-Institutional 2,550,0009,303,0003.65x
Retail Investors 2,550,00037,962,00014.89x
Total 5,100,00047,265,0009.27x

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 - 699 -
Retail Investors - 12,654 -

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

Popular Foundations IPO Reservations Details

Category Shares Offered Shares Offered %
Market Maker 270,0005%
Non-Institutional 2,550,00047%
Retail Investors 2,550,00047%
Total 5,370,001100%

Share Reservation By Category

Shares bids Against Offered

More About Popular Foundations IPO

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Where Can I Check the Popular Foundations IPO Live Subscription Status?

You can check the Popular Foundations IPO live subscription status on the IPO Master App or the official websites of the BSE. 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 Popular Foundations IPO retail subscription status?

The Retail Individual Investor (RII) portion of the Popular Foundations IPO was subscribed 14.89 times as of Thu, Sep 19, 2024 07:12 PM. The public issue closed on Thu, Sep 19, 2024 for bidding.

How to subscribe Popular Foundations IPO?

Investors can apply for the Popular Foundations 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 Popular Foundations IPO subscribed?

The Popular Foundations IPO was subscribed 9.27x times at the close of bidding period on Thu, Sep 19, 2024.

How to check Popular Foundations IPO allotment?

The Popular Foundations IPO allotment was finalized on Fri, Sep 20, 2024. You can check the Popular Foundations 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 Popular Foundations IPO Be Listed?

The Popular Foundations IPO was listed on Tue, Sep 24, 2024, on the BSE.

What is the Popular Foundations IPO Qualified Institutional Buyers (QIB) subscription status?

The Qualified Institutional Buyers (QIB) category of Popular Foundations IPO was subscribed 0 times as of Thu, Sep 19, 2024 07:12 PM.