Thursday, April 04, 2019

Polycab IPO Subscribed 51.88 Times; QIB 92.44; HNI 110.42; Retail 4.50

 Thursday, April 04, 2019  
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Polycab IPO to hit the market on 05 April 2019 and closes on 09 April 2019. As the grey market is active for Polycab IPO we can expect a good fireworks in this ipo. It might be one of the best ipo of 2019 till date to subscribe as per the market speculations. It will surely show up in the subscription numbers as well. subscription day. Check Polycab ipo gmp by day to day.

Download IPO ASBA Form Online: Click Here

Polycab IPO Subscription Numbers (Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 1.96 3.60 92.44
HNI 0.08 0.70 110.42
RII 0.27 1.51 4.50
EMP 0.46 1.77 3.19
Total 0.71 1.94 51.88

Polycab IPO Dates & Price Band:

  • IPO Open: 05-April-2019
  • IPO Close: 09-April-2019
  • IPO Size: Approx ₹1346 Crore
  • Face Value: ₹10 Per Equity Share
  • Price Band: ₹533 to ₹538 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 17,582,000 Shares
Polycab IPO Market Lot:
  • Shares: Apply for 27 Shares (Minimum Lot Size)
  • Amount: ₹14,526
Polycab IPO Allotment & Listing:
  • Basis of Allotment: 12-April-2019
  • Refunds: 15-April-2019
  • Credit to demat accounts: 16-April-2019
  • Listing: 16-April-2019

5 comments:

  1. Where and on which brokerage I can subscribe for Polycab IPO?
    I'm using Zerodha right now

    ReplyDelete
  2. You can go with ASBA - Online or download offline forms and subscribe.

    ReplyDelete
  3. You can apply from your bank by providing your CDSL details.

    ReplyDelete
  4. What is the basis of allotment? if subscription is more than 1x, will the one applyng for one lot or max lot (17 times) be treated as the same?

    ReplyDelete
  5. Apperently ipo is over subscribed. There's very less chance of allotment. i think its best to sell at kostak price If you have power not to regret.

    ReplyDelete