Free Account Opening + AMC Free Demat
Loading...
October 29, 2009 - November 4, 2009

Astec IPO FAQ

Astec IPO Date & Price

The Astec IPO opens on October 29, 2009 and closes on November 4, 2009.

Sorry the Astec IPO timelines are not available at this time.

Astec IPO price is set at ₹82 per equity share.

Astec IPO will close for subscription at 5 PM on November 4, 2009. But most brokers stop accepting application between 1 PM to 3 PM.

The Astec IPO starts on October 29, 2009. The issue ends on November 4, 2009.

Astec IPO Issue Size and Subscription Status

The Astec IPO size is 7500000 Equity Shares of ₹10 aggregating up to ₹61.50 Cr.

Astec LifeSciences Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Astec IPO shares through the banks (using ASBA) or through the broker (using UPI).

Astec IPO Offer Size

Qualified Institutional Buyers (QIB)3,700,000 Shares
Non-Institutional Investors (NII)1,110,000 Shares
Retail Individual Investor (RII)2,590,000 Shares
Employee Reservations100,000 Shares
Other Reservations0 Shares
Total Issue Size7,500,000 Shares

Astec IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)0.61 times times
Non-Institutional Investors (NII)3.00 times times
Retail Individual Investor (RII)2.36 times times
Employee Reservations0.50 times times
Other Reservations times
Total Issue Size1.56 times times

Click here to check the Astec IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Astec IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Astec IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Astec IPO Allotment and Listing

The tentative date for Astec IPO allotment status is not available at this time. You can check the Astec IPO Allotment Status as soon as it is available.

Click here to check Astec IPO Allotment Status.

Astec IPO listing Date is November 25, 2009. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Astec IPO listing date and time is published by the exchange in a circular.

Click here to view the Astec IPO Basis of Allotment.

It is hard to say at what price Astec IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Astec IPO shares will list on November 25, 2009 at BSE, NSE.

Astec IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Astec IPO which could help you with questions like Astec IPO buy or not? You should also read Astec IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Astec IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Astec IPO performance. The performance reports are available 1 day after listing.