Thursday, October 21, 2021

Kotyark Industries IPO Subscription Status {Final Data}

Kotyark Industries IPO subscription to start from October 21, 2021, Thursday. The retail portion of this IPO is 50%, QIB is 0% and HNI is 50% quota as this is an SME IPO. The IPO subscription will close on October 25, 2021, Monday. The company to raise ₹11.26 crores via SME IPO at a price band of ₹51. The minimum bid for the IPO is 2000 shares that cost ₹102,000 for l lot.
The Gujarat based Kotyark Industries is a manufacturer of Biofuels. The product categories includes BioDiesel, C-9, CBFS, Liquid Paraffin Oil and Dewatering Fluid. The company reported ₹65.29 crores of revenues in 2021 against ₹25.78 crores in 2020. The PAT was stood at ₹1.04 crores in 2021 compared to ₹0.49 crores in 2020. Please check the Kotyark Industries IPO details over here.

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We recommend investors to apply this IPO with their own risk. Check the Kotyark Industries IPO allotment status here.
Kotyark Industries

    Kotyark Industries IPO Subscription Status (Final Data)

    (Over Subscribed)

    Category Day 1 Day 2 Day 3
    NII 2.15x 2.30x 3.60x
    RII 1.65x 3.59x 10.70x
    Total 1.90x 2.95x 7.15x

    Kotyark Industries  IPO Date & Price Band

     IPO Open:  21 October 2021
     IPO Close:  25 October 2021
     IPO Size:  Approx ₹11.26 Crore
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹51 Per Share 
     Listing on:  NSE SME
     Retail Quota:  50%
     Equity:  2,208,000 Shares
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Kotyark Industries  IPO Market Lot

    The Kotyark Industries IPO minimum market lot is 2000 shares with ₹102,000 application amount.
     Minimum Lot Size:  Minimum 2000 Shares
     Minimum Amount:  ₹102,000
     Minimum Lot Size:  Maximum 2000 Shares
     Minimum Amount:  ₹102,000

    Kotyark Industries  IPO Allotment & Listing

    The Kotyark Industries IPO date is 21 October 2021 and the close date is 25 October 2021. The allotment date is November 2021 and the IPO to list on November 2021.
     Basis of Allotment:  November 2021
     Refunds:  November 2021
     Credit to Demat Account:  November 2021
     Listing Date:  November 2021

    Kotyark Industries IPO Subscription FAQs:

    When Kotyark Industries IPO Subscription will start?
    The IPO subscription starts on 21 October 2021 for NII, and Retail Investors.

    How much Kotyark Industries IPO subscribed?
    The IPO subscribed 7.15x times on day 3.

    What is Kotyark Industries IPO Retail subscription status?
    The RII subscription is 10.70x on day 3.

    How to subscribe Kotyark Industries IPO?
    You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

    How do i check live Kotyark Industries IPO Subscription Numbers?
    One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.