The Esprit Stones IPO Subscription Status started on July 26, 2024, and it is also being subscribed to by QIB, NII, and RII. The Esprit Stones IPO opened on July 26, 2024, and closes on July 30, 2024. Esprit Stones IPO is to raise ₹50.42 crores through its fresh Issue and the Esprit Stones IPO price band is fixed at ₹82 to ₹87 per share. You can check Esprit Stones IPO GMP here.
Esprit Stones Limited manufactures engineered quartz and marble surfaces. The Company majorly manufactures engineered quartz surfaces and through our Subsidiary, HSPL, we manufacture engineered marble surfaces. The company is one of the key Engineered Stones players in India. The company manufactures unsaturated polyester resin, at manufacturing facility three, and the company has 295 employees in various departments.
Esprit Stones IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Esprit Stones IPO Subscription Status, you can see the below-day Subscription.
Esprit Stones IPO Review :
👉 Esprit Stones IPO Show Review ….👈
- ■ The company is in competitive business and has many tall claims.
- ■ The company top line & bottom line posted strong growth.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is slightly aggressive based on the PE Ratio but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Esprit Stones IPO Subscription Status {Live Update} :
The total Esprit Stones IPO Subscription Status subscribed 185.82x times so far, with QIB subscribed 117.63x and NII subscribed 399.58x times & RII 145.75x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 3.50x | 117.63x |
| NII : | 1.45x | 15.60x | 399.58x |
| RII : | 3.64x | 27.44x | 145.75x |
| Total : | 2.07x | 17.49x | 185.82x |
Esprit Stones IPO Shares Offer :
| Category | Reservation | Shares | Amount (₹ Cr) |
| Anchor : | 27.83% | 16,12,800 | 14.03 |
| QIB : | 18.55% | 1,075,200 | 9.35 |
| NII : | 7.02% | 806,400 | 7.02 |
| RII : | 16.37% | 1,881,600 | 16.37 |
| MMRP : | 5.02% | 291,200 | 2.53 |
| Total : | 100% | 5,795,200 | 50.42 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Esprit Stones IPO Subscription Status FAQs :
How much was the total Esprit Stones IPO Subscription Status?
The total Esprit Stones IPO Subscription Status is 185.82x times Day 2.
How much is the Esprit Stones IPO retail subscription Status?
Esprit Stones IPO Retail Subscription 145.75x times Day 3.
How much is the Esprit Stones IPO QIB subscription Status?
The Esprit Stones IPO QIB subscription 117.63x times Day 3.
How much did Esprit Stones IPO NII subscribe?
Esprit Stones IPO NII Subscription 399.58x times Day 3.
When is Esprit Stones’ IPO Allotment Date?
Esprit Stones’s IPO allotment date is July 31, 2024.
When is Esprit Stones’s IPO Listing Date?
Esprit Stones’s IPO listing date is August 02, 2024. The IPO is to be listed on NSE, SME.
| Esprit Stones IPO GMP: Click Here Esprit Stones IPO Details: Click Here Esprit Stones IPO Allotment: Click Here Esprit Stones IPO Listing: Click Here |
All Esprit Stones IPO-related links are available here. If you want to know the details click here.
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