GLEN Industries Limited IPO
Listed
SME
Price Range:
₹97
Issue Size:
₹63.02 Cr
Lot Size:
1200 shares
IPO Dates:
Jul 8, 2001 - Jul 10, 2001
Overall
1.54x
Total Subscription
QIB
0.00x
Qualified Institutional
NII
2.19x
Non-Institutional (HNI)
Retail
2.24x
Retail Individual
Share Allocation Details
Shares Offered
QIB:12,04,800
NII:9,06,000
Retail:21,07,200
Total:43,71,600
Number of Lots Offered
QIB:1004
NII:755
Retail:1756
Total:3643
Subscription Timeline
| Date & Time | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Invalid DateLatest | 0.00x | 2.19x | 2.24x | 1.54x |
| Invalid Date | 1.62x | 14.21x | 18.37x | 12.25x |
| Invalid Date | 192.46x | 476.25x | 251.24x | 225.15x |
Understanding IPO Subscription
QIB (Qualified Institutional Buyers)
Includes mutual funds, insurance companies, FIIs, and other qualified institutions. Typically reserved 75% of the issue (excluding anchor portion).
NII (Non-Institutional Investors)
High Net Worth Individuals (HNIs) who can invest more than ₹2 lakhs. Usually allocated 15% of the issue size.
RII (Retail Individual Investors)
Individual investors who invest up to ₹2 lakhs. Reserved 10% of the issue size with better allotment chances.
Disclaimer: Subscription data is updated periodically and may not reflect real-time bidding activity. High subscription rates do not guarantee IPO allotment or listing performance. Invest wisely and consult financial advisors.