Golden opportunity for IPO Live Subscription Investors
IPO Live Subscription reflects the demand for the IPO. IPO subscription data shows the number of shares applied for by all investors during the IPO subscription period. This data is tracked across all investor categories and is available in real-time.
The IPO Live Subscription takes 3-10 business days depending on the type of IPO. Live IPO subscription status is available on chittorgarh.com, BSE and NSE website. IPO subscription reflects the number of total public subscriptions to the IPO. It reflects the demand for the IPO in terms of number of shares based on applications received. IPO live subscription numbers keep changing throughout the IPO window and are finalized after the IPO bidding period ends.
How IPO subscription data helps investors?
● Get information on the total demand for IPO shares. High demand predicts a good IPO. It helps in creating an IPO investment strategy.
● IPO live subscription data helps investors to choose the reserved category (i.e. Retail, NII, Employees, Shareholders) in an IPO to maximize profits.
● Plays a role in the development of the IPO grey market price.
● Helps in deciding whether to borrow for IPO investment or not.
● Subscription data helps investors to choose an IPO where there is a higher chance of allotment. The higher the subscription, the lower the chances of allotment.
IPO Subscription Process
The IPO live subscription process is a way for investors to bid for IPO shares. The following parties are involved in the IPO bidding process
● Investors (Individual investors, QIB)
● Brokers/banks (e.g. Zerodha, ICICI Bank)
● Stock Exchanges (BSE, NSE)
● Registrar or RTA (e.g. Link Intime, Karvy)
IPO live Subscription Timing
The investor can submit bids for IPO shares to the stockbroker or bank at any time as long as the public issue is open for bidding. The IPO bidding platform of the stock exchange is open from 10 am to 5 pm. Even though the bank/broker accepts bids for 24 hours, bids will be submitted to the stock exchanges only between 10 am on the opening day of the IPO and 5 pm on the closing day of the IPO.
IPO live Subscription Charges
The service of bidding for IPO shares is provided free of cost by stockbrokers and banks. When shares are allotted in an IPO, the broker may charge brokerage fees and taxes when the investor sells the shares on the exchange. The stockbroker/bank receives a small amount from the issuing company for processing the IPO application.
IPO Subscription Calculator
The IPO live subscription calculator helps you know how many times an issue has been subscribed. To determine the IPO subscription rate, investors need details of shares offered and bid numbers per category. Investors can find this information on the stock exchange website.Investors can also check IPO subscription live figures on the Chittorgarh website.
IPO Subscription Types
IPO live subscription time indicates the demand for the IPO. IPO subscription type is based on the number of subscriptions to the IPO. If the IPO subscription time is more than 1, the issue is considered oversubscribed; if it is less than 1, the issue is considered undersubscribed.
● Oversubscribed IPO
● Undersubscribed IPO
For example, a company offers to issue 10 lakh shares at Rs 90. However, the public applications received are only for 8 lakh shares, hence the issue is said to be undersubscribed.
IPO live Subscription and listing price
The IPO live subscription numbers for shares help predict the share price when trading begins on the exchanges after the IPO shares are listed. An oversubscribed IPO indicates high demand for the IPO shares, leading to listing at a premium. However, apart from demand, there are several other factors that affect the share price (see below).
● Market sentiments.
● Grey market premium.
● Future prospects of the company.
● Sale of shares by promoter.
● Changes in policy/economic factors related to the industry.
IPO Bidding Category
● Retail individual investors (RII)
● Non-institutional investors (NII)
● Qualified institutional investors (QIB)
● Employee
● Shareholders
● Anchor Investors
Individual investors who participate in an IPO with less than Rs 2 lakh fall into the retail investor (RII) category. NIIs are further divided into small NIIs (bidding less than Rs 10 lakh) and large NIIs (bidding more than Rs 10 lakh) based on their investment amount. Anchor investors, who invest more than Rs 10 crore in an issue, are part of the QIB category. In some IPOs, there is a special reservation for employees or other reserved categories such as shareholders defined in the RHP.
Sula Vineyards IPO live Subscription
● Subscription times are calculated by dividing the number of shares for which bids have been received by the number of shares offered.
● The number of shares in IPO Live subscription offered is readily available in the RHP for a fixed-price offering. For book-built issues, these numbers must be derived based on the allotment ratio stated in the offering documents, which is generally 35% for RII, 15% for NII, and 50% for QIB.
● Data on bids received is available on the NSE and BSE websites.
● In certain cases, the investor category may also include a reserved category for employees. These details can be found in the bidding documents.
● The total number of shares offered to the public does not include the market maker portion in SME IPOs and the anchor investor portion in Main Board IPOs
IPO bidding is done online on the platform provided by the stock exchange (i.e. BSE, NSE) through stock brokers or banks. The IPO live subscription process for an IPO starts from the opening day of the IPO and continues till the closing day of the IPO. While an investor can submit an offer for shares online any time (24 hours), the brokers/banks send it to the exchange between 10:00 AM and 05:00 PM.
Bidding for an IPO share offer involves the following major steps
Investors submit bids for IPO shares to a stock broker or bank.The broker/bank consolidates all the applications received and forwards them to the stock exchange on a regular basis.The IPO registrar allots shares based on SEBI regulations and the information provided in the RHP document.The registrar publishes the allotment status on its website and sends allotment emails.The registrar instructs banks to release unused blocked funds.
Also, for information on IPO live subscription or any other information stay tuned here.
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