Bookbuilding IDRS | ₹[.] Cr | Listed at BSE, NSE | Tue, May 25, 2010 - Fri, May 28, 2010
Standard Chartered PLC IDRS is a book build issue .
Standard Chartered PLC IDRS bidding started from May 25, 2010 and ended on May 28, 2010. The shares got listed on BSE, NSE on Jun 11, 2010.
Standard Chartered PLC IDRS price band is set at ₹104 per share. The lot size for an application is 200. The minimum amount of investment required by an retail is ₹23,000 (200 shares) (based on upper price). The lot size investment for sNII is 10 lots (2,000 shares), amounting to ₹2,08,000, and for bNII, it is 49 lots (9,800 shares), amounting to ₹10,19,200.
BOFA Securities India Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Standard Chartered PLC IDRS RHP for detailed Information.
IPO Open
Tue, May 25, 2010
IPO Close
Fri, May 28, 2010
Final Issue Price
₹104.00 per share
Market Cap (Pre-IPO)
₹21,551.09 Cr
| IPO Date | 25 to 28 May, 2010 |
| Listed on | Fri, Jun 11, 2010 |
| Face Value | ₹[.] per share |
| Price Band | ₹100.00 to ₹115.00 |
| Final Issue Price | ₹104.00 per share |
| Lot Size | 200 Shares |
| Issue Type | Bookbuilding IDRS |
| Listing At | BSE, NSE |
Standard Chartered PLC IDRS comprises a total issue size of 20,40,00,000 shares. Out of which, 8,40,00,000 are allocated to QIB, 4,32,00,000 (21.69%) allocated to NII 7,20,00,000 (36.14%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 8,40,00,000 | NA | |
| NII (HNI) Shares Offered | 4,32,00,000 | 21.18% | NA |
| Retail Shares Offered | 7,20,00,000 | 35.29% | 3,60,000 |
| Total Shares Offered | 20,40,00,000 | 100.00% |
Investors can bid for a minimum of 200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹20,800 |
| Retail (Max) | 9 | 1,800 | ₹1,87,200 |
| S-HNI (Min) | 10 | 2,000 | ₹2,08,000 |
| S-HNI (Max) | 48 | 9,600 | ₹9,98,400 |
| B-HNI (Min) | 49 | 9,800 | ₹10,19,200 |
Standard Chartered PLC was incorporated in 1969 through a merger of The Chartered Bank and The Standard Bank Limited. Standard Chartered PLC, Listed on both the London Stock Exchange and the Hong Kong Stock Exchange, ranks among the top 20 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last few years primarily as a result of organic growth, supplemented by acquisitions.
From the early 1990s, Standard Chartered has focused on developing its strong franchises in Asia, Africa and the Middle East. It has concentrated on consumer, corporate and institutional banking and on the provision of treasury services - areas in which the Group had particular strength and expertise. The company celebrated its 150th anniversary in India in April 2008, having opened its first branch in 1858 in Kolkata.
| 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 | To provide Indian investors with an opportunity to invest in the Company and participate in its growth. The Company has been established in India for many years, is committed to India’s future and believes that India will remain a growing and key market | 2,486.35 |
| 2 | Estimated Issue expenses | 151.36 |
| Total | 2,637.71 |
| KPI | |
|---|---|
| RoNW | 14.3% |
The Standard Chartered IDR is subscribed 2.2 times on May 28, 2010 7:00:00 PM (Day 4). The public issue subscribed 0.25 times in the retail category, 4.15 times in the QIB category, and 1.9 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 4.15 | 8,40,00,000 | |
| NII | 1.9 | 4,32,00,000 | |
| Retail | 0.25 | 7,20,00,000 | |
| Employee | 0.2 | 48,00,000 | |
| Total | 2.2 | 20,40,00,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting commission | 70.16 |
| 2 | Advertising and Marketing expenses | 13.23 |
| 3 | Printing and stationery | 10.30 |
| 4 | Others (Registrar’s fee, legal fees etc.) | 57.67 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹104.00 | ₹104.00 |
| Open | ₹105.00 | ₹106.00 |
| Low | ₹100.60 | ₹100.20 |
| High | ₹108.00 | ₹106.40 |
| Last Trade | ₹103.05 | ₹103.45 |
Lead Manager Reports
Standard Chartered PLC IDRS is a main-board IDRS of 0 equity shares of the face value of ₹[.] aggregating up to ₹[.] Crores. The issue is priced at ₹104.00 per share. The minimum order quantity is 200.
The IDRS opens on Tue, May 25, 2010, and closes on Fri, May 28, 2010.
Kfin Technologies Ltd. is the registrar for the IDRS. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Standard Chartered PLC IDRS using UPI as a payment gateway. Zerodha customers can apply in Standard Chartered PLC IDRS by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Standard Chartered PLC IDRS through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Standard Chartered PLC IDRS opens on Tue, May 25, 2010 and closes on Fri, May 28, 2010.
Standard Chartered PLC IDRS lot size is 200, and the minimum amount required for application is ₹20,800.
You can apply in Standard Chartered PLC IDRS 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 Standard Chartered PLC IDRS will be done on [.], and the allotted shares will be credited to your demat account by . Check the Standard Chartered PLC IDRS allotment status.
The Standard Chartered PLC IDRS listing date is on Fri, Jun 11, 2010.
