Piotex Industries IPO Subscription Status: Piotex Industries IPO is Open on May 10, 2024 and Close on May 15, 2024. Piotex Industries IPO to Raise ₹14.47 Crores, (1,539,600 Shares) via IPO. The Fresh Issue of ₹14.47 Crores, (1,539,600 Shares).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%.
Piotex Industries IPO is an SME IPO and Listed on BSE SME. Piotex Industries IPO Price Band is Fixed at ₹94 Equity Share. Piotex Industries IPO Lot Size is 1200 Shares.
About Piotex Industries IPO :
- Piotex Industries Incorporated On 24 October 2019 Is In Business Of Contract Manufacturing and Trading of Yarn, Fabric And Cotton Bales. Our Products Are Used For Various Purposes Such As Garments & Home Furnishings, Etc. We Manufacture The Cotton Bales On Contract Basis. We Also Manufacture Cotton Yarn Through Out-Sourcing Model (Job-Work) Which Are Almost Always In Demand By The Garment Manufacturing Industry.
- Cotton Bales
- Cotton Yarn
- Cotton Fabric
Piotex Industries IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| NII | 7,30,800 | 8,41,94,400 | 115.21 |
| Retail Individual Buyers (RIIs) | 7,30,800 | 6,82,03,200 | 93.33 |
| Total | 14,61,600 | 15,70,36,800 | 107.44 |
Piotex Industries Subscription Status day-by-day-
| Categories | 10 May | 13 May | 14 May |
|---|---|---|---|
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.77 | 1.61 | 115.21 |
| RII | 0.75 | 6.05 | 93.33 |
| Total | 0.80 | 3.87 | 107.44 |
Piotex Industries 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. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
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. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
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.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
Piotex Industries Review From MoneyMintIdea –
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