Shivalic Power IPO Subscription Status: Shivalic Power IPO is Open on 24 June, 2024 and Close on 26 June, 2024. Shivalic Power IPO to Raise 6,432,000 shares (Approx ₹64.32 Cr) via IPO. The Fresh Issue of 6,432,000 shares (Approx ₹64.32 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Shivalic Power IPO is an SME IPO and Listed on NSE SME . Shivalic Power IPO Price Band is Fixed at ₹100 Equity Share. Shivalic Power IPO Lot Size is 1200 Shares.
About Shivalic Power IPO :
- Shivalic Power has a dedicated team of engineers who are experts in designing and developing advanced designs which enable us to manufacture the Techno Modular Design – Fully Bolted Panels with Aluminium and Copper Bus Bar, which make us different from traditional welding panel manufacturers with a strong focus on the quality of the panel.
- Our promoter Mr. Amit Kanwar Jindal started Shivalic in 2004 with Low Voltage Panel assembly with a vision to constantly provide quality products by adapting to the latest technologies. During this journey of two decades, Shivalic has served more than 500+ Clients in different industries such as Sugar, Papers, Cement, Steel, FMCG, Automobile etc.
Shivalic Power IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 12,19,200 | 20,76,51,600 | 170.32 |
| Non Institutional Buyers (NIIs) | 9,14,400 | 39,90,18,000 | 436.73 |
| Retail Individual Buyers (RIIs) | 21,33,600 | 49,10,34,000 | 230.03 |
| Anchor Investor | 18,28,800 | 18,28,800 | 1 |
| Market Maker | 3,36,000 | 3,36,000 | 1 |
| Total | 42,67,200 | 1,09,77,03,600 | 257.26 |
Shivalic Power Subscription Status day-by-day-
| Categories | 24 June | 25 June | 26 June |
|---|---|---|---|
| QIB | 1.41 | 4.29 | 170.32 |
| NII | 5.51 | 38.94 | 436.73 |
| RII | 13.44 | 69.05 | 230.03 |
| Total | 8.30 | 44.09 | 257.26 |
Shivalic Power 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).
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