IPO Guru
IPO Guru
Retail Closed

East India Drums and Barrels Manufacturing OFS

Retail (Individual Investors) • Floor ₹95.00 • Offer size 2.91L shares

Live · East India · LTP
— — Live updating

Cut-off

₹95.00

+0.0% vs floor

Subscription

0.10x

0.00 Cr Shares Bid

Floor

₹95.00

Total Bids

29,872

Status

Closed

IPO Guru Android app icon
Free Android App

Track this OFS live on your phone

Install free on Google Play

Live Bid Book

Updated 10:58 AM IST

Price Total Cut-off
Cut-off 29,872 —
₹95.00 Cut-off ✓ 5,007 PASS
₹95.01 702 PASS
₹95.10 601 PASS
₹95.50 401 PASS
₹96.00 251 PASS
Showing 6 price levels

East India OFS — Overview

East India Drums and Barrels Manufacturing (East India) is conducting an Offer for Sale (OFS) for retail (individual) investors, offered by Shri Madhav Jayesh Valia (Promoter), with bidding on 26 August 2026 at a floor price of ₹95.00 per share on BSE / NSE. The base offer size is 2.91L shares. The final subscription stands at 0.1x, with a cut-off price of ₹95.00. This OFS has now closed; allotment follows SEBI's OFS framework and the exchange's allocation method for this issue.

How to read the bid book

PASS — bid ≥ cut-off, will be filled FAIL — bid below cut-off, unlikely to fill ~% at cut-off — est. pro-rata at the cut-off price (above = 100%) Cut-off — lowest price where the offer is fully subscribed

Cut-off Bidding Guide for Retail Investors

VERY LIKELY FULL Cut-off bid allotment outlook · 0.1x subscribed

Subscription is below 1x. Cut-off bids will almost certainly be fully allotted at the floor price.

If you bid 1,000 shares right now

Tick CUT-OFF

~1,000 (full)

Priority allotment · pay final cutoff

Type the cutoff price

~1,000 (full)

Full while undersubscribed

Estimates from live demand; final allotment is fixed after the OFS closes.

How to place a Cut-off bid

  1. 1 Open the OFS section in your broker (Zerodha, Upstox, Angel One, etc.)
  2. 2 Search East India and select the Retail tranche
  3. 3 Tick the "Cut-off price" checkbox instead of typing a price
  4. 4 Enter your quantity. Funds are blocked at the upper band; excess is refunded after cutoff
  5. 5 Submit before 3:30 PM on the retail bidding day

Educational guidance only — not investment advice. Allotment rules follow SEBI's OFS framework and the exchange's allocation method for this issue.

East India Drums and Barrels Manufacturing OFS – Issue Details

Company East India Drums and Barrels Manufacturing
BSE Scrip / Code East India / 523874
Offer Type Offer for Sale (OFS)
Investor Category Retail (Individual Investors)
Floor Price ₹95.00 per share
Retail Discount Not Applicable
Base Offer Size 2.91L (290,720) shares
Total Bids Received 29,872 (29,872) shares
Subscription (Base) 0.1x
Base Cut-off Price ₹95.00
Open Date Wednesday, 26 August 2026
Close Date Wednesday, 26 August 2026
Seller Shri Madhav Jayesh Valia (Promoter)
Exchange BSE / NSE
Settlement T+1 (next trading day)

How to Apply for East India Drums and Barrels Manufacturing OFS (Retail)

  1. 1Log in to your trading or demat account (Zerodha, Upstox, Angel One, etc.)
  2. 2Navigate to the OFS section under IPO / Primary Markets
  3. 3Search for East India and select the Retail OFS tranche
  4. 4Bid at floor price ₹95.00
  5. 5Ensure funds are available. Bid will be blocked until allotment
  6. 6Allotment on T+1. Shares credited to your demat account
Disclaimer: Live OFS bid data is sourced from NSE and BSE and stored in our database every ~3 minutes during market hours. It is provided for informational purposes only. IPO Guru does not provide investment advice. Always refer to official exchange platforms for authoritative data. Consult a SEBI-registered financial advisor before making investment decisions.