Smarten Power Systems Limited IPO
Listed
SME
Price Range:
₹100
Issue Size:
₹50.00 Cr
Lot Size:
1200 shares
IPO Dates:
Jul 7, 2001 - Jul 9, 2001
Overall
0.11x
Total Subscription
QIB
0x
Qualified Institutional
NII
0.00x
Non-Institutional (HNI)
Retail
0.22x
Retail Individual
Share Allocation Details
Shares Offered
QIB:
NII:23,74,800
Retail:23,74,800
Total:47,49,601
Number of Lots Offered
QIB:
NII:1979
Retail:1979
Total:3958
Subscription Timeline
| Date & Time | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Invalid DateLatest | 0x | 0.00x | 0.22x | 0.11x |
| Invalid Date | 0x | 1.13x | 0.68x | 0.91x |
| Invalid Date | 0x | 6.31x | 4.66x | 5.51x |
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.