Polycab IPO Subscribed 51.88 Times; QIB 92.44; HNI 110.42; Retail 4.50

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Polycab IPO to hit the market on 05 April 2019 and closes on 09 April 2019. As the grey market is active for Polycab IPO we can expect a good fireworks in this ipo. It might be one of the best ipo of 2019 till date to subscribe as per the market speculations. It will surely show up in the subscription numbers as well. subscription day. Check Polycab ipo gmp by day to day.

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Polycab IPO Subscription Numbers (Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 1.96 3.60 92.44
HNI 0.08 0.70 110.42
RII 0.27 1.51 4.50
EMP 0.46 1.77 3.19
Total 0.71 1.94 51.88


Polycab IPO Dates & Price Band:

  • IPO Open: 05-April-2019
  • IPO Close: 09-April-2019
  • IPO Size: Approx ā‚¹1346 Crore
  • Face Value: ā‚¹10 Per Equity Share
  • Price Band: ā‚¹533 to ā‚¹538 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 17,582,000 Shares

Polycab IPO Market Lot:

  • Shares: Apply for 27 Shares (Minimum Lot Size)
  • Amount: ā‚¹14,526

Polycab IPO Allotment & Listing:

  • Basis of Allotment: 12-April-2019
  • Refunds: 15-April-2019
  • Credit to demat accounts: 16-April-2019
  • Listing: 16-April-2019

    Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

    0 Responses

    1. Apperently ipo is over subscribed. There's very less chance of allotment. i think its best to sell at kostak price If you have power not to regret.

    2. What is the basis of allotment? if subscription is more than 1x, will the one applyng for one lot or max lot (17 times) be treated as the same?

    3. Where and on which brokerage I can subscribe for Polycab IPO?
      I'm using Zerodha right now