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Shoora Designs IPO Subscriptions Status Live Today

 

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Shoora Designs IPO

August 17, 2023 - August 21, 2023 Closed

Shoora Designs IPO Details

Issue Open

17 August 2023

Issue Close

21 August 2023

IPO Price

₹48 per equity share

Face Value

₹10 per equity share

IPO Size

₹2.4 Cr.

Listing At

BSE, SME

IPO Lot Size

3,000 Shares

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered retail investors.

• Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.

Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

Others- A category of eligible shareholders or other investors with a reserved IPO quota.


Frequently Asked Question

The face value of Shoora Designs IPO IPO is ₹10 per share.
The meaning of "Shoora Designs IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of shoora designs limited on the current day.
Shoora Designs IPO Shares will get listed at BSE SME.
Shoora designs ltd share price ₹48 per share.
Post-issue shareholding of the Shoora Designs IPO promoter is 71.77%.
If you do not get the allotment of shoora designs private limited, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Shoora Designs IPO shares will get listed on August 29, 2023.
Closing date of Shoora Designs IPO is August 21, 2023.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
You will receive Shoora Designs IPO shares in your Demat account on August 28, 2023, if allotted.
Pre-issue shareholding of the Shoora Designs IPO promoter is 100.00%.
Opening date of Shoora Designs IPO is August 17, 2023.
Minimum and maximum order quantity is 1 lot only.
Lot size of the Shoora Designs IPO is 3000 shares.
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