Phoenix Overseas IPO Live Subscription Status: Phoenix Overseas IPO is Open on 20 September 2024 and Close on 24 September 2024. Phoenix Overseas IPO to Raise 5,630,000 shares (Approx ₹36.03 Cr) via IPO. The Fresh Issue is 4,580,000 shares (Approx ₹29.31 Cr) and The Offer For Sale is 10,50,000 shares of ₹10 (Approx ₹6.72 Cr).
- The Retail Quota is 42%
- QIB is 15%
- NII is 43%
The Phoenix Overseas IPO is an SME IPO and Listed on NSE SME. Phoenix Overseas IPO Price Band is Fixed at ₹64 Equity Shares. Phoenix Overseas IPO Lot Size is 2000 Shares.
Also Read: Phoenix Overseas IPO GMP, Price, Date & IPO Details
Phoenix Overseas IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 0.00 | 0.00 | 0.00 |
| Non Institutional Buyers (NIIs) | 0.00 | 0.00 | 0.00 |
| Retail Individual Buyers (RIIs) | 0.00 | 0.00 | 0.00 |
| Anchor Investor | 0.00 | 0.00 | 0.00 |
| Market Maker | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Phoenix Overseas IPO Subscription Status day-by-day-
| Categories | 20 Sep | 23 Sep | 24 Sep |
|---|---|---|---|
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
About IPO :
Phoenix Overseas was incorporated in 1965, Phoenix Overseas Limited is recognized as Three Star Export house by the Ministry of Commerce and Industry, Govt. of India on October 01, 2023 and this recognition is valid for a period of 5 (Five) years.
The group has always believed strongly in the concept of collaborative growth which leads to a business conglomerate dealing in various sectors, which include export of agricultural produce and commodities, manufacturing/exporting jute bags (www.bagsindia.com), purses, wallets, belts, and maintaining a multipurpose cold storage, with potato cold store.
With the commitment to provide quality and competitive pricing, the group is constantly moving up the import export ladder of the global market. They are the guiding force
behind the growth of the Company and possesses more than two decades of experience in the trading & export of agricultural commodities along with other allied products. With their dedication and commitment along with support of our key management personnel and dedicated employee base, our Company has shown a positive trend in our business operations.
We believe that our market position has been achieved by adherence to the vision of our Promoters and senior management and their experience. We value our customers and aim to exceed customer expectations by fulfilling valuable commitments.
Our customer-oriented approach and cordial relations with them are the key strengths of our company. We strive to establish relationships with clients and collaborate with them to drill down on the best solutions.
Our major exports are to Bangladesh among other Asian Countries. We are B2B traders, dealing majorly in corn / maize and oil cakes. We maintain stocks and distribute them to different institutional parties like manufacturers, exporters, etc. in bulk quantities.
Phoenix Overseas 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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