Sterling and Wilson IPO subscribed 0.85 times; QIB 1.02; HNI 0.89; Retail 0.30 times

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Sterling and Wilson IPO to hit the market on 06 August 2019 and closes on 08 August 2019. As the market not in support we can have fix responses still we can expect a good numbers in QIB and HNI as this is one of the Shapoorji Pallonji Group companies. The ipo size is around 3125 crore rupees with market lot of 19 shares and price band of 775-780. Check Sterling and Wilson ipo gmp by day to day.

Sterling and Wilson IPO Subscription Numbers

Category Day 1 Day 2 Day 3
QIB 0.06 0.19 1.02
HNI 0.19 0.68 0.89
RII 0.06 0.15 0.30
EMP
Total 0.10 0.35 0.85

Sterling and Wilson Solar IPO Dates & Price Band: (Tentative)

 IPO Open:  06-Aug-2019
 IPO Close:  08-Aug-2019
 IPO Size:  Approx 3125 Crore (Approx)
 Face Value:  ₹1 Per Equity Share
 Price Band:  ₹775-780 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  10%
 Equity:   Shares


Sterling and Wilson Solar IPO Market Lot:

  • Shares: Apply for 19 Shares (Minimum Lot Size)
  • Amount: ₹14,820

Sterling and Wilson Solar IPO Allotment & Listing:

  • Basis of Allotment: 14-August-2019
  • Refunds: 16-August-2019
  • Credit to demat accounts: 19-August-2019
  • Listing: 20-August-2019

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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.