Bookbuilding IPO | ₹692 Cr | Listed at BSE, NSE | Thu, Nov 15, 2007 - Tue, Nov 20, 2007
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 per share. The lot size for an application is 8. The minimum amount of investment required by an retail is ₹6,600 (8 shares) (based on upper price). 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 Open
Thu, Nov 15, 2007
IPO Close
Tue, Nov 20, 2007
Issue Price
₹825 per share
Market Cap (Pre-IPO)
₹6,181.04 Cr
| IPO Date | 15 to 20 Nov, 2007 |
| Listed on | Wed, Dec 12, 2007 |
| Face Value | ₹5 per share |
| Price Band | ₹725 to ₹825 |
| Issue Price | ₹825 per share |
| Lot Size | 8 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 83,86,147 shares (agg. up to ₹692 Cr) |
| Fresh Issue | 83,86,147 shares (agg. up to ₹692 Cr) |
| Share Holding Pre Issue | 6,65,35,608 shares |
| Share Holding Post Issue | 7,49,21,755 shares |
| BSE Script Code / NSE Symbol | 532922 / EDELWEISS |
| ISIN | INE532F01054 |
Edelweiss Capital IPO comprises a total issue size of 83,86,147 shares. The net offer to the public is 81,81,607 shares, after excluding 2,04,540 shares under a preferential allotment. Of the Net offer 49,08,965 (60.00%) are allocated to QIB, 8,18,160 (10.00%) allocated to NII 24,54,482 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 49,08,965 | 60.00% | 58.54% | NA |
| NII (HNI) Shares Offered | 8,18,160 | 10.00% | 9.76% | NA |
| Retail Shares Offered | 24,54,482 | 30.00% | 29.27% | 3,06,810 |
| Preferential Reservations | ||||
| Employee Shares Offered | 2,04,540 | 2.44% | NA | |
| Total Shares Offered | 83,86,147 | 100.00% | 100.00% | |
Investors can bid for a minimum of 8 shares and in multiples thereof.
| 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 |
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | enhance our margin maintenance with stock exchanges | 300.00 |
| 2 | establish additional offices and acquire office infrastructure | 26.92 |
| 3 | enhance our existing technological capacity | 3.09 |
| 4 | prepayment of loans | 105.00 |
| 5 | General Corporate Purpose | 233.34 |
| KPI | |
|---|---|
| RoNW | 28.71% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 0.4286% | 0.3501% |
| Market Cap | ₹6,181.04 Cr. |
The Edelweiss IPO is subscribed 110.96 times on November 20, 2007 5:00:00 PM (Day 4). The public issue subscribed 17.22 times in the retail category, 153.15 times in the QIB category, and 164.3 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fee and underwriting commissions | 13.84 |
| 2 | Advertising and Marketing expenses | 1.63 |
| 3 | Printing and stationery | 3.44 |
| 4 | Others (Monitoring agency fees, Registrars fee, legal fees, etc.) | 4.59 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹825.00 | ₹825.00 |
| Open | ₹1,443.75 | ₹1,443.75 |
| Low | ₹1,443.75 | ₹1,443.75 |
| High | ₹1,608.75 | ₹1,608.75 |
| Last Trade | ₹1,509.95 | ₹1,510.25 |
Lead Manager Reports
Edelweiss Capital IPO is a main-board IPO of 83,86,147 equity shares of the face value of ₹5 aggregating up to ₹692 Crores. The issue is priced at ₹825 per share. The minimum order quantity is 8.
The IPO opens on Thu, Nov 15, 2007, and closes on Tue, Nov 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 Thu, Nov 15, 2007 and closes on Tue, Nov 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 Wed, Dec 12, 2007.
