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BSE IPO is a book build issue of ₹1,243.43 crores. The issue is entirely an offer for sale of 1.54 crore shares of ₹1,243.43 crore.
BSE IPO bidding started from Jan 23, 2017 and ended on Jan 25, 2017. The allotment for BSE IPO was finalized on Dec 31, 2017. The shares got listed on NSE on Feb 3, 2017.
BSE IPO price band is set at ₹806.00 per share . The lot size for an application is 18. The minimum amount of investment required by an retail is ₹14,490 (18 shares). The lot size investment for sNII is 14 lots (252 shares), amounting to ₹2,03,112, and for bNII, it is 69 lots (1,242 shares), amounting to ₹10,01,052.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
| IPO Date | January 23, 2017 to January 25, 2017 |
| Listing Date | February 3, 2017 |
| Face Value | ₹2 per share |
| Issue Price Band | ₹805 to ₹806 per share |
| Issue Price Final | ₹806 per share |
| Lot Size | 18 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 1,54,27,197 shares (aggregating up to ₹1,243.43 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE |
| Share Holding Pre Issue | 5,36,78,172 shares |
| Share Holding Post Issue | 5,36,78,172 shares |
BSE Limited IPO offers total 1,54,27,197 shares. Out of which 77,13,598 (50.00%) allocated to QIB, 30,85,440 (20.00%) allocated to QIB, 23,14,080 (15.00%) allocated to NII, 53,99,519 (35.00%) allocated to RII and 46,28,158 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 77,13,598 (50.00%) | NA |
| − Anchor Investor Shares Offered | 46,28,158 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 30,85,440 (20.00%) | NA |
| NII (HNI) Shares Offered | 23,14,080 (15.00%) | NA |
| Retail Shares Offered | 53,99,519 (35.00%) | 2,99,973 |
| Total Shares Offered | 1,54,27,197 (100.00%) |
BSE IPO opens on January 23, 2017, and closes on January 25, 2017.
| IPO Open Date | Mon, Jan 23, 2017 |
| IPO Close Date | Wed, Jan 25, 2017 |
| Tentative Allotment | Sun, Dec 31, 2017 |
| Initiation of Refunds | Wed, Feb 1, 2017 |
| Credit of Shares to Demat | Thu, Feb 2, 2017 |
| Tentative Listing Date | Fri, Feb 3, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jan 25, 2017 |
Investors can bid for a minimum of 18 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,508 |
| Retail (Max) | 13 | 234 | ₹1,88,604 |
| S-HNI (Min) | 14 | 252 | ₹2,03,112 |
| S-HNI (Max) | 68 | 1,224 | ₹9,86,544 |
| B-HNI (Min) | 69 | 1,242 | ₹10,01,052 |
BSE Limited is the owner and operator of BSE Exchange (Bombay Stock Exchange), India's largest stock exchange by number of companies listed. The Bombay Stock Exchange was established in year 1875 as the first stock exchange in Asia. Today BSE has over 5000 companies listed on it, the highest in any exchange around the world. Worlds two leading global exchanges, Deutsche Bourse and Singapore Exchange are strategic partners of BSE.
BSE offers trading in Equity, Debt Instruments, Derivatives, Mutual Funds and SME Equity. The S&P BSE SENSEX is India's most widely tracked stock market benchmark index. BSE also offer services including risk management, clearing, settlement, market data services, IT services and solutions, licensing index products such as the S&P BSE SENSEX and financial & capital markets trainings.
BSE Limited Strengths
1. Strong brand recognition with a track record of innovation
2. Diversified and integrated business model and active relationship with market participants
3. State-of-the-art infrastructure and technology
| Particulars | For the year/period ended (in Rs. Million) | |||||
|---|---|---|---|---|---|---|
| 30-Jun-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 30,363.5 | 29,176.7 | 28,758.0 | 25,923.0 | 27,273.6 | 27,915.7 |
| Total Revenue | 1,424.4 | 5,158.9 | 4,391.8 | 3,328.3 | 3,389.1 | 4,028.0 |
| Profit After Tax (PAT) | 454.3 | 1,319.1 | 756.5 | 747.7 | 398.2 | 1,116.0 |
The Company BSE IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | The Exchange will not receive any proceeds of the Offer and all the proceeds of the Offer will go to the Selling Shareholders in the proportion of the Equity Shares offered by them. |
[Dilip Davda] Investors may consider medium to long term investment in this first mover premier stock exchange offer. Read detail review...
| Listing Date | February 3, 2017 |
| BSE Script Code | |
| NSE Symbol | BSE |
| ISIN | INE118H01025 |
| Final Issue Price | ₹806 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹806.00 |
| Open | ₹1,085.00 |
| Low | ₹1,065.10 |
| High | ₹1,200.00 |
| Last Trade | ₹1,069.20 |
BSE Ltd.
25th Floor, P. J. Towers,
Dalal Street,
Maharashtra, India
Mumbai, Maharashtra, 400001
Phone: +91 (22) 2272 1233/ 34
Email: bse.ipo@bseindia.com
Website: http://www.bseindia.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: bse.ofs@karvy.com
Website: https://ipostatus.kfintech.com/
Lead Manager Reports
BSE IPO is a main-board IPO of 1,54,27,197 equity shares of the face value of ₹2 aggregating up to ₹1,243.43 Crores. The issue is priced at ₹806 per share. The minimum order quantity is 18.
The IPO opens on January 23, 2017, and closes on January 25, 2017.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE.
Zerodha customers can apply online in BSE IPO using UPI as a payment gateway. Zerodha customers can apply in BSE IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in BSE IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The BSE IPO opens on January 23, 2017 and closes on January 25, 2017.
BSE IPO lot size is 18, and the minimum amount required for application is ₹14,508.
You can apply in BSE IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for BSE IPO will be done on Sunday, December 31, 2017, and the allotted shares will be credited to your demat account by Thursday, February 2, 2017. Check the BSE IPO allotment status.
The BSE IPO listing date is on Friday, February 3, 2017.
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