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September 21, 2023 - September 25, 2023

Marco Cables & Conductors IPO Subscription Details

Marco Cables & Conductors IPO Subscription Status Live

Marco Cables & Conductors IPO subscribed 30.90 times. The public issue subscribed 35.24 times in the retail category, 24.36 times in Other category by September 25, 2023.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Others24.362,457,0005,98,47,000215.45
Retail Investors35.242,457,0008,65,86,000311.71
Total *30.904,914,00015,18,21,000546.56

Total Application : 28,862 (35.24 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 288,000 equity shares not included.


Marco Cables & Conductors IPO (Day-wise) Subscription Details (times)

DateOtherRetailTotal
Day 1
September 21, 2023
1.081.601.34
Day 2
September 22, 2023
1.825.133.48
Day 3
September 25, 2023
24.3635.2430.90

Marco Cables & Conductors IPO Shares Offered

Marco Cables & Conductors IPO is a public issue of 5,202,000 equity shares. The issue offers 2,457,000 shares to retail investors, 2,457,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker288,0001.045.54%
Other2,457,0008.8547.23%
Retail2,457,0008.8547.23%
Total5,202,00018.73100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Marco Cables & Conductors IPO Subscription FAQs

The Marco Cables & Conductors IPO is subscribed 30.90 by September 25, 2023.

Marco Cables & Conductors IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional24.36
Retail Individual35.24
Employee Reservations[.]
Others[.]
Total Subscription30.90

Retail category of Marco Cables & Conductors IPO subscribed 35.24 times as of date September 25, 2023. The public issue closes on September 25, 2023 for bidding.

An investor can apply in Marco Cables & Conductors IPO online via bank (using ASBA) or the broker (using UPI). The Marco Cables & Conductors IPO shares are offered online only.

The Marco Cables & Conductors IPO is subscribed 30.90 by September 25, 2023.

The Marco Cables & Conductors IPO allotment status is expected on or around September 28, 2023. Visit Marco Cables & Conductors IPO allotment status to check.

The Marco Cables & Conductors IPO listing date is Thursday, September 28, 2023. The equity share of Marco Cables & Conductors Limited will list on NSE SME.

Visit Marco Cables & Conductors IPO subscription status page for real-time bidding information about Marco Cables & Conductors IPO.

Marco Cables & Conductors IPO Timetable

IPO Opens OnSeptember 21, 2023
IPO Closes OnSeptember 25, 2023
Finalisation of Basis of AllotmentSeptember 28, 2023
Initiation of RefundsSeptember 29, 2023
Credit of Shares to Demat AccountOctober 3, 2023
IPO Listing DateSeptember 28, 2023