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August 17, 2023 - August 21, 2023

Shoora Designs IPO FAQ

Shoora Designs IPO Date & Price

The Shoora Designs IPO opens on August 17, 2023 and closes on August 21, 2023.

Shoora Designs IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 17, 2023
  • Bid/Offer Closes On: August 21, 2023
  • Finalization of Basis of Allotment: August 24, 2023
  • Initiation of refunds: August 25, 2023
  • Credit of Equity Shares: August 28, 2023
  • Listing Date: August 29, 2023

Shoora Designs IPO price is set at ₹48 per equity share.

Shoora Designs IPO will close for subscription at 5 PM on August 21, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Shoora Designs IPO starts on August 17, 2023. The issue ends on August 21, 2023.

Shoora Designs IPO Issue Size and Subscription Status

The Shoora Designs IPO size is 424000 Equity Shares of ₹10 aggregating up to ₹2.03 Cr.

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

Shoora Designs IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)198,000 Shares
Retail Individual Investor (RII)198,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size396,000 Shares

Shoora Designs IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)34.68 times times
Retail Individual Investor (RII)93.73 times times
Employee Reservations times
Other Reservations times
Total Issue Size64.52 times times

Click here to check the Shoora Designs 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 Shoora Designs 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 Shoora Designs 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.

Shoora Designs IPO Allotment and Listing

The Shoora Designs IPO allot status will be available online on August 24, 2023. Check the Shoora Designs IPO Allotment Status here.

Click here to check Shoora Designs IPO Allotment Status.

Shoora Designs IPO listing Date is August 29, 2023. 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 Shoora Designs IPO listing date and time is published by the exchange in a circular.

Click here to view the Shoora Designs IPO Basis of Allotment.

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

The Shoora Designs IPO shares will list on August 29, 2023 at BSE SME.

Shoora Designs 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 Shoora Designs IPO which could help you with questions like Shoora Designs IPO buy or not? You should also read Shoora Designs 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.

Shoora Designs 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 Shoora Designs IPO performance. The performance reports are available 1 day after listing.