Precision Metaliks IPO subscription is to start from January 19, 2022, Wednesday. The company to raise ₹21.93 crores via SME IPO at a price band of ₹51. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on January 24, 2022, Monday. The IPO bid for the IPO is 2000 shares that cost ₹102,000 for 1 lot. The face value is ₹10 per equity share. Precision Metaliks is a manufacturer and trader of Aluminium Alloy Wheels in a wide variety of sizes and finishing Alloy Wheels with having a strong technical team. The company reported ₹49.24 crores of revenues in 2021 against ₹22.18 crores in 2020. The company's financial report looks growing YOY while profit looks on a bit lower side. Please check the Precision Metaliks IPO details over here.
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We recommend investors may apply for an IPO at their own risk. Investors should also look at the Retail and HNI numbers before investing.
Precision Metaliks IPO Subscription Status (Live Data - Day 4)
| Category | Day 2 | Day 3 | Day 4 |
| NII | 0.41 | 0.49 | 2.81 |
| RII | 4.31 | 6.45 | 11.79 |
| Total | 2.36 | 3.47 | 7.30 |
Precision Metaliks IPO Date & Price Band
| IPO Open: | 19 January 2022
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| IPO Close: | 24 January 2022
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| IPO Size: | Approx ₹21.93 Crores |
| Face Value: | ₹10 Per Equity Share
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| Price Band: | ₹51 Per Equity Share |
| Listing on: | NSE SME
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| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here
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| RHP Draft Prospectus: | Click Here
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Precision Metaliks IPO Market Lot
The Precision Metaliks IPO minimum market lot is 2000 shares with ₹102,000 application amount.
| IPO Lot Size: | Minimum 2000 Shares for 1 lot
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| Minimum Amount: | ₹102,000 for 1 lot
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Precision Metaliks IPO Time Table, Allotment & Listing
The Precision Metaliks IPO date is 19 January 2021 and the IPO close date is 24 January 2022. The allotment date is 28 January 2022 and the IPO may list on 02 February 2022.
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| IPO Open Date: | 19 January 2022
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| IPO Close Date: | 21 January 2022
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| Basis of Allotment: | 28 January 2022
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| Refunds: | 31 January 2022
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| Credit to Demat Account: | 01 February 2022
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| IPO Listing Date: | 02 February 2022
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Precision Metaliks IPO Subscription FAQs:
When Precision Metaliks IPO Subscription will start?The IPO subscription starts on 19 January 2022 for NII, and Retail Investors.
How much Precision Metaliks IPO subscribed?The IPO subscribed 3.47x times on day 3.
What is Precision Metaliks IPO Retail subscription status?The RII subscription is 6.45x on day 3.
How to subscribe Precision Metaliks IPO?You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Precision Metaliks IPO Subscription Numbers?One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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