Frog Cellsat IPO subscription status started on Thursday, September 29, 2022 and will close on October 4, 2022. Frog Cellsat IPO to raise around ₹41.57 crores via IPO. The retail quota is 35%, QIB is 50%, and HNI is 50%. The price band is fixed at ₹97 to ₹101 per equity share. The IPO to list on NSE.
Frog Cellsat Limited is one of the leading manufacturers of RF Equipment aka telecom equipment in India. Their products are used by telecom operators, especially in telecom towers. The company provides various solutions and products ranging from 2G/3G/4G FPGA Based Telecom Products, 2G/3G/4G Smart Digital RF Repeater, Digital DAS system, Remote Radio Head, and DSP-based solutions.
IPOWatch View:
We recommend investors may apply an IPO with Long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Frog Cellsat IPO allotment status here.
Frog Cellsat IPO Subscription Status
Last Updated on Day 4 at 5:00
| Category | Day 2 | Day 3 | Day 4 |
| QIB | 0.00 | 0.00 | 5.36 |
| NII | 0.43 | 0.86 | 70.94 |
| RII | 0.45 | 3.03 | 22.10 |
| Total | 0.22 | 1.19 | 21.06 |
Frog Cellsat IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Frog Cellsat IPO Review
- May Apply
Frog Cellsat IPO Date & Price Band
| Frog Cellsat IPO Open: | September 29, 2022 |
| Frog Cellsat IPO Close: | October 4, 2022 |
| Frog Cellsat IPO Size: | Approx ₹41.57 Crores, 4,075,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Frog Cellsat IPO Price Band: | ₹97 to ₹102 Per Equity Share |
| Frog Cellsat IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Frog Cellsat IPO Market Lot
| Minimum IPO Lot Size: | Minimum 1200 shares for 1 lot |
| Minimum Amount: | ₹122,400 for 1 lot |
Frog Cellsat IPO Subscription Dates
| Frog Cellsat IPO Open Date: | September 29, 2022 |
| Frog Cellsat IPO Close Date: | October 4, 2022 |
| Basis of Allotment: | October 10, 2022 |
| Refunds: | October 11, 2022 |
| Credit to Demat Account: | October 12, 2022 |
| Frog Cellsat IPO Listing Date: | October 13, 2022 |
Frog Cellsat IPO Form
How to apply Frog Cellsat IPO? You can apply Frog Cellsat IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Frog Cellsat IPO in the Invest section. The other option you can apply Frog Cellsat IPO via IPO forms download via the NSE website. Check out the Frog Cellsat forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
