Bookbuilding IPO | ₹919 Cr | Listed at BSE, NSE, MCX-SX | Mon, May 20, 2013 - Wed, May 22, 2013
Just Dial IPO is a book build issue of ₹919.14 crores. The issue is entirely an offer for sale of 1.75 crore shares of ₹919.14 crore.
Just Dial IPO bidding started from May 20, 2013 and ended on May 22, 2013. The shares got listed on BSE, NSE, MCX-SX on Jun 5, 2013.
Just Dial IPO price band is set at ₹530 per share. The lot size for an application is 25. The minimum amount of investment required by an retail is ₹13,575 (25 shares) (based on upper price). The lot size investment for sNII is 16 lots (400 shares), amounting to ₹2,12,000, and for bNII, it is 76 lots (1,900 shares), amounting to ₹10,07,000.
Citigroup Global Markets India Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Just Dial IPO RHP for detailed Information.
IPO Open
Mon, May 20, 2013
IPO Close
Wed, May 22, 2013
Issue Price
₹530 per share
Market Cap (Pre-IPO)
₹3,703.26 Cr
| IPO Date | 20 to 22 May, 2013 |
| Listed on | Wed, Jun 5, 2013 |
| Face Value | ₹10 per share |
| Price Band | ₹470 to ₹543 |
| Issue Price | ₹530 per share |
| Lot Size | 25 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE, MCX-SX |
| Retail Discount | Rs 47.00 per share |
| Total Issue Size | 1,74,97,458 shares (agg. up to ₹919 Cr) |
| Offer for Sale | 1,74,97,458 shares of ₹10 (agg. up to ₹919 Cr) |
| Share Holding Pre Issue | 6,98,72,750 shares |
| Share Holding Post Issue | 6,98,72,750 shares |
| 535648 JUSTDIAL | |
| ISIN | INE599M01018 |
Just Dial IPO comprises a total issue size of 1,74,97,458 shares. Out of which, 1,31,23,095 (75.00%) are allocated to QIB, 26,24,618 (15.00%) allocated to NII 17,49,745 (10.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 1,31,23,095 | 75.00% | NA |
| − Anchor Investor Shares Offered | 39,36,925 | 22.50% | NA |
| − QIB (Ex. Anchor) Shares Offered | 91,86,170 | 52.50% | NA |
| NII (HNI) Shares Offered | 26,24,618 | 15.00% | NA |
| Retail Shares Offered | 17,49,745 | 10.00% | 69,989 |
| Total Shares Offered | 1,74,97,458 | 100.00% |
Investors can bid for a minimum of 25 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹13,250 |
| Retail (Max) | 15 | 375 | ₹1,98,750 |
| S-HNI (Min) | 16 | 400 | ₹2,12,000 |
| S-HNI (Max) | 75 | 1,875 | ₹9,93,750 |
| B-HNI (Min) | 76 | 1,900 | ₹10,07,000 |
Incorporated in 1996, Justdial Limited (Just Dial) is popular local search service provider in India. Just Dial’s search services are available to users through Internet, mobile Internet, telephone and text (SMS).
Just dial is a 24/7 Free Search service on a single national number 08888888888 that receives over 130 Million Calls every year. It provides reliable information about local businesses, products and services to the users in over 2000 cities in India. They have more than 300 million customers using JustDial Services.
Selling advertisement and qualified leads is the main source of earning for Justdial. They have more than 145,000 paid advertisers. Companies promote their brand across the Just Dial network and reach millions people who are actively looking for information about the products and services. There are 4 ways available to promote brand or advertise on JustDial including Listing on Web, Listing on Phone Search, Listing on Mobile Search and Placing Video Ads.
| Period Ended |
|---|
| Amount in ₹ Crore |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 37.15% | 33.13% |
| Market Cap | ₹3,703.26 Cr. |
The Just Dial IPO is subscribed 11.63 times on May 22, 2013 5:00:00 PM (Day 3). The public issue subscribed 3.53 times in the retail category, 10.12 times in the QIB category, and 22.34 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 10.12 | 91,86,170 | |
| NII | 22.34 | 26,24,618 | |
| Retail | 3.53 | 17,49,745 | |
| Total | 11.63 | 1,35,60,533 |
CRISIL has assigned a IPO Grade 5/5 to the IPO of Just Dial Ltd. This grade indicates that the fundamentals of the Just Dial IPO are 'strong' relative to the other listed equity securities in India. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Please note that this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. The grade is not a recommendation to buy, sell or hold the graded instrument, or a comment on the graded instrument's future market price or its suitability for a particular investor.
Click here to view the CRISIL report CRISIL Research assigns IPO grade ‘5/5’ to Just Dial Ltd
Just Dial has offered a discount of 10% to the floor price to the retail individual investors.
Just dial IPO offers safety net mechanism which will be available to all retail individual investors applying in Just Dial IPO for up to Rs. 50,000. The safety net would trigger in case the price of the share fall over 20% from the issue price.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers | 31.61 |
| 2 | Registrar to the Offer | 0.19 |
| 3 | Advisors | 4.49 |
| 4 | Bankers to the Offer | |
| 5 | Underwriting commission, brokerage and selling commission | |
| 6 | IPO Grading Expenses | 0.04 |
| 7 | Listing Expenses | 2.04 |
| 8 | Printing and Distribution | 0.35 |
| 9 | Advertising and Marketing | 2.80 |
| 10 | Others | 0.34 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹530.00 | ₹530.00 |
| Open | ₹590.00 | ₹590.00 |
| Low | ₹589.00 | ₹581.15 |
| High | ₹631.90 | ₹631.90 |
| Last Trade | ₹611.45 | ₹612.35 |
Lead Manager Reports
Just Dial IPO is a main-board IPO of 1,74,97,458 equity shares of the face value of ₹10 aggregating up to ₹919 Crores. The issue is priced at ₹530 per share. The minimum order quantity is 25.
The IPO opens on Mon, May 20, 2013, and closes on Wed, May 22, 2013.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE, MCX-SX.
Zerodha customers can apply online in Just Dial IPO using UPI as a payment gateway. Zerodha customers can apply in Just Dial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Just Dial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Just Dial IPO opens on Mon, May 20, 2013 and closes on Wed, May 22, 2013.
Just Dial IPO lot size is 25, and the minimum amount required for application is ₹13,250.
You can apply in Just Dial 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 Just Dial IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Just Dial IPO allotment status.
The Just Dial IPO listing date is on Wed, Jun 5, 2013.
