Spinaroo Commercial Limited IPO
Listed
SME
Price Range:
₹51
Issue Size:
₹10.17 Cr
Lot Size:
2000 shares
IPO Dates:
Mar 28, 2001 - Apr 3, 2001
Overall
0.18x
Total Subscription
QIB
0x
Qualified Institutional
NII
0.02x
Non-Institutional (HNI)
Retail
0.34x
Retail Individual
Share Allocation Details
Shares Offered
QIB:
NII:9,47,000
Retail:9,47,000
Total:18,94,001
Number of Lots Offered
QIB:
NII:474
Retail:474
Total:947
Subscription Timeline
| Date & Time | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Invalid DateLatest | 0x | 0.02x | 0.34x | 0.18x |
| Invalid Date | 0x | 0.02x | 0.60x | 0.31x |
| Invalid Date | 0x | 1.84x | 1.20x | 1.52x |
| Invalid Date | 0x | 0.02x | 0.30x | 0.16x |
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.