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December 8, 2021 - December 10, 2021

Shriram Properties IPO Subscription Details

Shriram Properties IPO Subscription Status Live

Shriram Properties IPO subscribed 4.60 times. The public issue subscribed 12.72 times in the retail category, 1.85 times in QIB, and 4.82 times in the NII category by December 10, 2021 (Day 3).

Application Wise IPO Subscription (Retail): 11.28 times

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions1.8515,849,5592,93,44,500346.27
Non-Institutional Buyers4.827,924,7783,82,13,250450.92
Retail Investors12.725,283,1856,71,97,125792.93
Employees1.25294,1173,67,0004.33
Others[.]000
Total 4.6029,351,63913,51,21,8751,594.44

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


Shriram Properties IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
December 8, 2021
0.000.044.850.360.89
Day 2
December 9, 2021
0.120.188.350.781.63
Day 3
December 10, 2021
1.854.8212.721.254.60

Shriram Properties IPO Shares Offered

Shriram Properties IPO is a public issue of 29,351,639 equity shares. The issue offers 5,283,185 shares to retail investors, 15,849,559 shares to qualified institutional buyers, and 7,924,778 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB15,849,559187.0254.00%
NII7,924,77893.5127.00%
Retail5,283,18562.3418.00%
Employee294,1173.471.00%
Total29,351,639346.35100%

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.

Shriram Properties IPO Subscription FAQs

The Shriram Properties IPO is subscribed 4.60 by December 10, 2021.

Shriram Properties IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.85
Non Institutional4.82
Retail Individual12.72
Employee Reservations1.25
Others[.]
Total Subscription4.60

Retail category of Shriram Properties IPO subscribed 12.72 times as of date December 10, 2021. The public issue closes on December 10, 2021 for bidding.

An investor can apply in Shriram Properties IPO online via bank (using ASBA) or the broker (using UPI). The Shriram Properties IPO shares are offered online only.

The Shriram Properties IPO is subscribed 4.60 by December 10, 2021.

The Shriram Properties IPO allotment status is expected on or around December 15, 2021. Visit Shriram Properties IPO allotment status to check.

The Shriram Properties IPO listing date is Monday, December 20, 2021. The equity share of Shriram Properties Limited will list on BSE, NSE.

Visit Shriram Properties IPO subscription status page for real-time bidding information about Shriram Properties IPO.

Shriram Properties IPO Timetable

IPO Opens OnDecember 8, 2021
IPO Closes OnDecember 10, 2021
Finalisation of Basis of AllotmentDecember 15, 2021
Initiation of RefundsDecember 16, 2021
Credit of Shares to Demat AccountDecember 17, 2021
IPO Listing DateDecember 20, 2021

3 Comments

3. NEERAJ KUMAR     Link|January 6, 2022 8:14:36 AM
My money still block in sriram property ipo applied through absa what to do for unblock the ammount??
2. A Novice Investor     Link|December 8, 2021 11:12:48 AM
If NII OR QIB quota is not fully subscribed, but RII is oversubscribed, is there any possibility that some shares of other quota is transferred to RII and given Retail investors a chance for allotment?
2.2. K.K. Shukla     Link|December 10, 2021 1:34:41 PM
Yes!
2.3. Pandit Ji     Link|December 11, 2021 4:09:20 PM
No sir, as rule all unsubscribed portion in Qib is transferred to HNI quota and vice versa and all unsubcribed portion of employees in transferred in Retail Quota
1. Friends     Link|December 9, 2021 7:30:21 PM
Absolutely