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Pranik Logistics IPO Subscription Status

Pranik Logistics IPO received bids for 42,22,46,400 shares against 19,36,000 offered, an overall subscription of 218.10x at the close of bidding (14 Oct 2024). NII leads at 744.44x.

Last updated · day 3 figures

Retail
97.21x
NII
744.44x
QIB
35.67x
Total
218.10x

Where the demand is

Pranik Logistics IPO subscription by category Each line starts at 1x (fully subscribed) and ends at the category's subscription multiple, on a logarithmic scale. Values are listed in the table below. 0.1x 1x 10x 100x 1,000x QIB QIB: 35.67x 35.67x NII NII: 744.44x 744.44x Retail Retail: 97.21x 97.21x Total Total: 218.10x 218.10x
Log scale. Lines run from 1x (fully subscribed): right means more demand than shares, left means shares still unbid.

Pranik Logistics IPO subscription by category

Category Shares offered Shares bid Amount bid Subscription
QIB 5,55,200 1,98,06,400 ₹152.51 Cr 35.67x
NII 4,14,400 30,84,96,000 ₹2,375.42 Cr 744.44x
Retail 9,66,400 9,39,44,000 ₹723.37 Cr 97.21x
Total 19,36,000 42,22,46,400 ₹3,251.30 Cr 218.10x

* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.

Pranik Logistics IPO subscription day-wise

Category Day 3
QIB 35.67x
NII 744.44x
Retail 97.21x
Total 218.10x
Total added 218.10x

Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.

Pranik Logistics IPO reservation

Category Shares Share of issue
Qualified Institutional Buyers 5,55,200 28.68%
Non-Institutional Investors 4,14,400 21.40%
Retail Individual Investors 9,66,400 49.92%
Public issue 19,36,000 100%

Allotment Chances Note

These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:

  • Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
  • Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
  • Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.

Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.

Pranik Logistics IPO subscription: FAQs

What is the overall subscription of Pranik Logistics IPO?
Pranik Logistics IPO is subscribed 218.10x overall as of day 3 (14 October 2024), with bids for 42,22,46,400 shares against 19,36,000 offered.
What is the retail subscription of Pranik Logistics IPO?
The retail portion is subscribed 97.21x as of day 3 (14 October 2024).
What is the QIB and NII subscription of Pranik Logistics IPO?
QIBs have subscribed 35.67x of their portion, and NIIs 744.44x as of day 3 (14 October 2024).
How can I check Pranik Logistics IPO subscription status live?
This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
How do I apply for Pranik Logistics IPO?
Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 14 October 2024.

Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.