Gajanand International IPO Subscription Status: Gajanand International IPO is Open on 9 September 2024 and Close on 11 September 2024. Gajanand International IPO to Raise 5,736,000 shares (Approx ₹20.65 Cr) via IPO. The Fresh Issue is 5,736,000 shares (Approx ₹20.65 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
The Gajanand International IPO is an SME IPO and Listed on NSE SME. Gajanand International IPO Price Band is Fixed at ₹36 Equity Share. Gajanand International IPO Lot Size is 3000 Shares.
Also Read: Gajanand International IPO GMP, Price, Date, IPO Details
Gajanand International IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| NII | 2,724,000 | 1,57,59,000 | 5.79 |
| Retail Individual Buyers (RIIs) | 2,724,000 | 6,58,65,000 | 24.18 |
| Market Maker | 2,88,000 | 2,88,000 | 1 |
| Total | 5,448,000 | 8,31,75,000 | 15.27 |
Gajanand International IPO Subscription Status day-by-day-
| Categories | 9 Sep | 10 Sep | 11 Sep |
|---|---|---|---|
| NII | 0.17 | 0.92 | 5.79 |
| RII | 1.88 | 7.93 | 24.18 |
| Total | 1.03 | 4.43 | 15.27 |
About IPO :
Gajanand International have a manufacturing infrastructure with a factory engaged in producing contamination-free and sustainable cotton. Through our offerings, we aim to provide a satisfying experience. We are known in the market for offering service to our consumers. Since our inception, we have established our foothold in this competitive market, and our Cotton range is given to clients at affordable costs.
Our Company also has a warehouse and a packaging facility in our infrastructure unit. The warehouse is maintained in a hygienic condition, ensuring freedom from both moisture and insects. Additionally, our infrastructure is organized into different sections for the systematic storage of our product line. This arrangement facilitates swift product identification and smooth product shipping processes.
Our Products-
- Mech1 Cotton
- Shankar6 Cotton
- DCH 32
- Khol
Gajanand International holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
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