Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Edelweiss Capital IPO is a book build issue of ₹691.86 crores. The issue is entirely a fresh issue of 0.84 crore shares of ₹691.86 crore.
Edelweiss Capital IPO bidding started from Nov 15, 2007 and ended on Nov 20, 2007. The shares got listed on BSE, NSE on Dec 12, 2007.
Edelweiss Capital IPO price band is set at ₹825.00 per share . The lot size for an application is 8. The minimum amount of investment required by an retail is ₹5,800 (8 shares). The lot size investment for sNII is 31 lots (248 shares), amounting to ₹2,04,600, and for bNII, it is 152 lots (1,216 shares), amounting to ₹10,03,200.
The issue includes a reservation of up to 2,04,540 shares for employees offered at a discount of ₹0.00 to the issue price.
Citigroup Global Markets India Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Edelweiss Capital IPO RHP for detailed Information.
| IPO Date | November 15, 2007 to November 20, 2007 |
| Listing Date | December 12, 2007 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹725 to ₹825 per share |
| Issue Price Final | ₹825 per share |
| Lot Size | 8 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 83,86,147 shares (aggregating up to ₹691.86 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 6,65,35,608 shares |
| Share Holding Post Issue | 7,49,21,755 shares |
Edelweiss IPO offers total 83,86,147 shares. Out of which 49,08,965 (58.54%) allocated to QIB, 8,18,160 (9.76%) allocated to NII, 24,54,482 (29.27%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 49,08,965 (58.54%) | NA |
| NII (HNI) Shares Offered | 8,18,160 (9.76%) | NA |
| Retail Shares Offered | 24,54,482 (29.27%) | 3,06,810 |
| Employee Shares Offered | 2,04,540 (2.44%) | NA |
| Total Shares Offered | 83,86,147 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Edelweiss Capital IPO opens on November 15, 2007, and closes on November 20, 2007.
| IPO Open Date | Thu, Nov 15, 2007 |
| IPO Close Date | Tue, Nov 20, 2007 |
| Tentative Listing Date | Wed, Dec 12, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Nov 20, 2007 |
Investors can bid for a minimum of 8 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 | 8 | ₹6,600 |
| Retail (Max) | 30 | 240 | ₹1,98,000 |
| S-HNI (Min) | 31 | 248 | ₹2,04,600 |
| S-HNI (Max) | 151 | 1,208 | ₹9,96,600 |
| B-HNI (Min) | 152 | 1,216 | ₹10,03,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1996, Edelweiss Capital Limited is in the business of providing investment banking, institutional equities, private client broking, asset management and investment advisory services, wealth management, insurance broking and wholesale financing services to corporate, institutional and high net worth individual clients. Edelweiss is headquartered in Nariman Point, Mumbai and operate from another 43 offices in 21 Indian cities and employed around 843 full time employees including 40 research professionals.
Edelweiss Capital Limited operates its business thorough ten subsidiaries. At high level Edelweiss business is divided in to two parts:
1. Agency business lines:
This includes Investment Banking, Institutional Equities, Private Client Brokerage, Wealth Management, Asset Management and Insurance Brokerage businesses.
2. Capital business lines:
This includes Treasury, Wholesale financing like loans against shares and loans to finance subscriptions of IPO shares and loans against mutual fund units businesses.
In fiscal 2005, 2006 and 2007, our consolidated total income was Rs. 770.5 million, Rs. 1,580.0 million and Rs. 3,712.5 million, respectively. In fiscal 2005, 2006 and 2007, consolidated profit after taxation and minority interest was Rs. 224.8 million, Rs. 405.5 million and Rs. 1,090.1 million, respectively.
| KPI | Values |
|---|---|
| RoNW | 28.71% |
The Company Edelweiss IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | enhance our margin maintenance with stock exchanges | 3,000.00 |
| 2 | establish additional offices and acquire office infrastructure | 269.19 |
| 3 | enhance our existing technological capacity | 30.93 |
| 4 | prepayment of loans | 1,050.00 |
| 5 | General Corporate Purpose | 2,333.44 |
| Listing Date | December 12, 2007 |
| BSE Script Code | 532922 |
| NSE Symbol | EDELWEISS |
| ISIN | INE532F01054 |
| Final Issue Price | ₹825 per share |
| BSE Listing Group | B1 |
Edelweiss Capital Ltd.
14th Floor, Express Towers,
Nariman Point,
Mumbai 400 021, Maharashtra, India
Mumbai, Maharashtra
Phone: +91 22 2286 4400
Email: ecl.ipo@edelcap.com
Website: http://www.edelcap.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: edel.ipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Edelweiss Capital IPO is a main-board IPO of 83,86,147 equity shares of the face value of ₹5 aggregating up to ₹691.86 Crores. The issue is priced at ₹825 per share. The minimum order quantity is 8.
The IPO opens on November 15, 2007, and closes on November 20, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Edelweiss Capital IPO using UPI as a payment gateway. Zerodha customers can apply in Edelweiss Capital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Edelweiss Capital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Edelweiss Capital IPO opens on November 15, 2007 and closes on November 20, 2007.
Edelweiss Capital IPO lot size is 8, and the minimum amount required for application is ₹6,600.
You can apply in Edelweiss Capital 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 Edelweiss Capital IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Edelweiss Capital IPO allotment status.
The Edelweiss Capital IPO listing date is on Wednesday, December 12, 2007.
Useful Articles
RHP