Shriram Properties IPO Subscription Status
Shriram Properties IPO subscription to start from Dec 08 to Dec 10, 2021. The IPO consists of public issue comprises fresh issuance of equity shares worth ₹250 crore and an offer for sale (OFS) of ₹350 crore. The issue includes a reservation of equity shares worth ₹3 crore for the company’s employees who will receive those shares at a discount of ₹11 per share to final issue price. The price range for the offer has been fixed at Rs.113 – 118 per share.
Shriram Properties IPO Subscription Status [Live Status]
| Day | Date | QIB | NII | Retail | Emp | Total |
| Day 1 | 08-Dec-2021 | 0.00x | 0.04x | 4.85x | 0.36x | 0.89x |
| Day 2 | 09-Dec-2021 | 0.12x | 0.18x | 8.35x | 0.78x | 1.63x |
| Day 3 | 10-Dec-2021 | 1.85x | 4.82x | 12.72x | 1.25x | 4.60x |
Shriram Properties IPO Price – Details
| Description | SHRIRAMPPS IPO Details |
|---|---|
| Public Issue | Initial Public offer of [.] Equity Shares of ₹ 10 (aggregating upto ₹ 6,000 Million), comprising a fresh issue upto [.] Eq Shares of ₹ 10 (aggregating up to ₹ 2500 million and offer for sale of [.] Equity Shares of ₹ 10 (aggregating up to ₹ 3500 million) |
| Issue Open Date | 08-Dec-21 |
| Issue Close Date | 10-Dec-21 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 113 – ₹ 118 |
| Face Value | ₹ 10 |
| Market Lot | 125 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 125 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | SHRIRAMPPS |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Shriram Properties IPO Subscription Status – FAQs
How much Shriram Properties IPO subscribed on Day 1?
The Shriram Properties IPO subscribed 0.89 times on day 1
How much Shriram Properties IPO subscribed on Day 2?
The Shriram Properties IPO subscribed 1.63 times on day 2
How much Shriram Properties IPO subscribed on Day 3?
The Shriram Properties IPO subscribed 4.60 times on day 3
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