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Ashoka Metcast Limited IPO
BSE SMERs 1,20,000 / 6000 Shares
Ashoka Metcast Limited IPO Details
The Ashoka Metcast Limited IPO price band is set between Rs 20 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 23 Jan, 2017 and closes on 25 Jan, 2018. Investors can check the allotment status on 1 Feb, 2018, while the listing date is tentatively scheduled for 5 Feb, 2018.
The total issue size is Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr, aggregating up to . Stay tuned for the latest Ashoka Metcast Limited IPO review and GMP updates.
Ashoka Metcast Limited IPO Review, Rating & Analysis
Ashoka Metcast Limited IPO Review
NO REVIEWAshoka Metcast Limited IPO Rating
Ashoka Metcast Limited IPO Highlights
IPO Date
Jan 23, 2017 - Jan 25, 2018
Listing Date
5 Feb, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 20 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Ashoka Metcast Limited IPO Lot Size
The minimum market lot for Ashoka Metcast Limited IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
Ashoka Metcast Limited IPO Timeline
Issue Price
Rs 20 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Aryaman Financial Services LimitedIssue Size
Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 CrPromoters & Share Holding
Promoter(s) Name
- Mr Shalin Shah
- Shalin A. Shah HUF
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Ashoka Metcast Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 28,44,000 | 28,44,000 | 56,88,000 |
Day 1 -23-01-18 | 12,06,000 0.42 x | 6,00,000 0.21 x | 18,06,000 0.32 x |
Day 2 -24-01-18 | 12,78,000 0.45 x | 21,54,000 0.76 x | 34,32,000 0.60 x |
Day 3 -25-01-18 | 14,40,000 0.51 x | 74,82,000 2.63 x | 89,22,000 1.57 x |
Frequently Asked Questions about Ashoka Metcast Limited IPO IPO
When will Ashoka Metcast Limited IPO open for subscription?
The Ashoka Metcast Limited IPO opens on 23 Jan, 2017 and closes on 25 Jan, 2018.
What is the investors portion for Ashoka Metcast Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2844000.
How to apply for Ashoka Metcast Limited IPO?
You can apply for Ashoka Metcast Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ashoka Metcast Limited IPO?
The issue size of Ashoka Metcast Limited IPO is approx ₹Fresh Issue of 60,00,000 Equity Shares of Rs 10/- each at a price of 20/- per share aggregating to 12 Cr crores.
What is the price band of Ashoka Metcast Limited IPO?
The price band for Ashoka Metcast Limited IPO is Rs 20 Per Equity Share to ₹undefined.
What is the lot size of Ashoka Metcast Limited IPO?
The minimum bid (lot size) for Ashoka Metcast Limited IPO is 6000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Ashoka Metcast Limited IPO?
The allotment date for Ashoka Metcast Limited IPO is 1 Feb, 2018.
What is the listing date of Ashoka Metcast Limited IPO?
The listing date for Ashoka Metcast Limited IPO is expected to be 5 Feb, 2018.
What is the GMP of Ashoka Metcast Limited IPO?
The latest Grey Market Premium (GMP) for Ashoka Metcast Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.