Saturday, January 25, 2020

ITI FPO Subscription Numbers & Status; FPO Subscribed 0.58x times on Day 6

ITI FPO to hit the market on 24 January 2020 and closes on 31 January 2020. The company is a public sector company and operates under the department of telecommunications. The ITI company is already listed on NSE and BSE. Before subscription one can check the latest price of the stock. The ITI FPO size is around 1399 crore rupees with a market lot of 150 shares and a price band of 71-77. Check ITI FPO GMP by day to day.

Note: ITI FPO Postponed due to low subscription numbers.

ITI FPO Subscription Numbers
(Day 7)

Category Day 5 Day 6 Day 7
QIB 0.49x 0.59x 0.59x
HNI 0.16x 0.17x 0.17x
RII 0.98x 1.05x 1.02x
EMP 0.79x 0.87x 0.89x
Total 0.49x 0.58x 0.57x

ITI FPO Dates & Price Band:

 FPO Open:  24 January 2020
 FPO Close:  05 February 2020
 FPO Size:  Approx ₹1399 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹71 - 77 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  10%
 Equity:  180,000,000 Shares

ITI FPO Market Lot:

 Lot Size:  Minimum 150 Shares & Maximum 2550 Shares
 Minimum Amount:  ₹11550
 Maximum Amount:  ₹196350

ITI FPO Allotment & Listing:

 Basis of Allotment:  31-January-2020
 Refunds:  03-February-2020
 Credit to Demat Account:  04-February-2020
 Listing Date:  05-February-2020