The Piotex Industries IPO minimum market lot is 1200 shares with ₹112800 application amount. The Piotex Industries IPO is a SME IPO, and it is to be listed on BSE.
Piotex Industries is in the business of contract manufacturing and trading of yarn, fabric, and cotton bales. Their Products are used for various purposes such as garments & home furnishings, etc. They manufacture the cotton bales on a contract basis. They also manufacture cotton yarn through an out-sourcing model (Work) which is almost always in demand by the garment manufacturing industry.
IPOWatch View
We recommend investors may apply for an IPO with Avoid. Investors should also look at the QIB, NII, and Retail numbers before investing.
Piotex Industries IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.77 | 1.61 | 115.21 |
| RII | 0.75 | 6.05 | 93.33 |
| Total | 0.80 | 3.87 | 107.44 |
Piotex Industries 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
Piotex Industries IPO Review
- Avoid
Piotex Industries IPO Form
How to apply for the Piotex Industries IPO? You can apply for Piotex Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Piotex Industries IPO in the Invest section. The other option is you can apply for Piotex Industries IPO via IPO forms downloaded online. Check out the Piotex Industries forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
