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Aavas Financiers IPO Subscription Details

Bookbuilding IPO | ₹1,640 Cr | Listed at BSE, NSE | Tue, Sep 25, 2018 - Thu, Sep 27, 2018

Basis of Allotment - Aavas Financiers IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)42,24,29363,36,4391,05,60,73231,68,22073,92,5142,11,21,466
Allotment price (Rs.)821821821821821821
No.of applications2960893070,97171,090
No.of shares applied1,17,20,41268,86,3141,86,06,7264,51,15214,71,5002,05,29,378
Amount collected (Rs.cr.)962.25 565.37 1,527.61 37.04 120.81 1,685.46
No.of times subscribed2.771.091.760.140.200.97
No.of shares allotted1,17,20,41263,36,4391,80,56,8514,51,15214,71,5001,99,79,503
Amount (Rs.cr.)962.25 520.22 1,482.47 37.04 120.81 1,640.32
No.of allottees2960893070,97171,090

IPO Shares Offered

Aavas Financiers IPO is a public issue of 2.11 Cr equity shares. The issue offers 0.74 Cr shares to retail investors, 1.06 Cr shares to qualified institutional buyers, and 0.32 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,05,60,732867.04 50.00%
    Anchor 63,36,439 520.22 30.00%
    QIB (Ex Anchor) 42,24,293 346.81 20.00%
NII 31,68,220260.11 15.00%
Retail73,92,514606.93 35.00%
Total2,11,21,4661,734.07 100%

Aavas Financiers IPO Anchor Investor Allocation

A total of 63,36,439 shares at a price of Rs 821 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 24, 2018
Anchor investor price₹821.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days31,68,220
No. of shares locked-in for 90 days31,68,220

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AU SMALL FINANCE BANK LTD. AU SMALL FINANCE BANK LTD. 6,36,163 52.23 10.04 3.18
2 ABU DHABI INVESTMENT AUTHORITY-BEHAVE ABU DHABI INVESTMENT 3,41,046 28.00 5.38 1.71
3 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 3,41,046 28.00 5.38 1.71
4 NIPPON INDIA VALUE FUND NIPPON INDIA MUTUAL FUND 1,94,868 16.00 3.08 0.98
5 NIPPON INDIA BALANCED ADVANTAGE FUND NIPPON INDIA MUTUAL FUND 1,46,178 12.00 2.31 0.73
6 SBI SMALL CAP FUND SBI MUTUAL FUND 1,21,806 10.00 1.92 0.61
7 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 36,540 3.00 0.58 0.18
8 SBI BANKING & FINANCIAL SERVICES FUND SBI MUTUAL FUND 85,266 7.00 1.35 0.43
9 SBI CONSERVATIVE HYBRID FUND SBI MUTUAL FUND 97,434 8.00 1.54 0.49
10 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,21,806 10.00 1.92 0.61
11 ADITYA BIRLA SUN LIFE RESURGENT INDIA FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 85,266 7.00 1.35 0.43
12 ADITYA BIRLA SUN LIFE RESURGENT INDIA FUND-SERIES 3 ADITYA BIRLA SUN LIFE MUTUAL FUND 24,354 2.00 0.38 0.12
13 ADITYA BIRLA SUN LIFE RESURGENT INDIA FUND-SERIES 4 ADITYA BIRLA SUN LIFE MUTUAL FUND 36,540 3.00 0.58 0.18
14 ADITYA BIRLA SUN LIFE RESURGENT INDIA FUND-SERIES 5 ADITYA BIRLA SUN LIFE MUTUAL FUND 36,540 3.00 0.58 0.18
15 DSP ELSS TAX SAVER FUND DSP MUTUAL FUND 2,38,410 19.57 3.76 1.19
16 DSP INDIA T.I.G.E.R.FUND DSP MUTUAL FUND 66,096 5.43 1.04 0.33
17 KOTAK FUNDS-INDIA MIDCAP FUND KOTAK 3,04,506 25.00 4.81 1.52
18 KOTAK SMALL CAP FUND KOTAK MAHINDRA MUTUAL FUND 1,46,160 12.00 2.31 0.73
19 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 42,822 3.52 0.68 0.21
20 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 57,474 4.72 0.91 0.29
21 KOTAK INDIA GROWTH FUND-SERIES 4 KOTAK MAHINDRA MUTUAL FUND 30,294 2.49 0.48 0.15
22 KOTAK INDIA GROWTH FUND-SERIES 5 KOTAK MAHINDRA MUTUAL FUND 27,756 2.28 0.44 0.14
23 WASATCH EMERGING INDIA FUND WASATCH 2,44,494 20.07 3.86 1.22
24 HSBC GLOBAL INVESTMENT FUNDS-INDIAN EQUITY HSBC 2,19,240 18.00 3.46 1.10
25 STEINBERG INDIA EMERGING OPPORTUNITIES FUND LTD. STEINBERG INDIA 1,82,700 15.00 2.88 0.91
26 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 24,354 2.00 0.38 0.12
27 ICICI PRUDENTIAL EQUITY SAVINGS FUND ICICI PRUDENTIAL MUTUAL FUND 24,372 2.00 0.38 0.12
28 ICICI PRUDENTIAL BANKING & FINANCIAL SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 97,434 8.00 1.54 0.49
29 ICICI PRUDENTIAL CREDIT RISK FUND ICICI PRUDENTIAL MUTUAL FUND 24,354 2.00 0.38 0.12
30 BANDHAN BALANCED ADVANTAGE FUND BANDHAN MUTUAL FUND 66,996 5.50 1.06 0.34
31 BANDHAN LARGE & MID CAP FUND BANDHAN MUTUAL FUND 54,828 4.50 0.87 0.27
32 BANDHAN LARGE CAP FUND BANDHAN MUTUAL FUND 48,708 4.00 0.77 0.24
33 SUNDARAM EMERGING SMALL CAP-SERIES II SUNDARAM MUTUAL FUND 51,750 4.25 0.82 0.26
34 SUNDARAM EMERGING SMALL CAP-SERIES III SUNDARAM MUTUAL FUND 44,910 3.69 0.71 0.22
35 SUNDARAM EMERGING SMALL CAP-SERIES IV SUNDARAM MUTUAL FUND 31,860 2.62 0.50 0.16
36 SUNDARAM EMERGING SMALL CAP-SERIES V SUNDARAM MUTUAL FUND 11,952 0.98 0.19 0.06
37 SUNDARAM EMERGING SMALL CAP-SERIES VI SUNDARAM MUTUAL FUND 5,688 0.47 0.09 0.03
38 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 1,46,160 12.00 2.31 0.73
39 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 1,46,160 12.00 2.31 0.73
40 MORGAN STANLEY INDIA INVESTMENT FUND,INC. MORGAN STANLEY 1,37,466 11.29 2.17 0.69
41 MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND MORGAN STANLEY 1,30,482 10.71 2.06 0.65
42 PI OPPORTUNITIES FUND I PI OPPORTUNITIES 1,21,806 10.00 1.92 0.61
43 TIMF HOLDINGS TIMF HOLDINGS 60,912 5.00 0.96 0.30
44 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 85,248 7.00 1.35 0.43
45 360 ONE FOCUSED FUND 360 ONE MUTUAL FUND 60,912 5.00 0.96 0.30
46 AMUNDI FUNDS SBI FM INDIA EQUITY AMUNDI 85,248 7.00 1.35 0.43
47 HSBC INDIAN EQUITY MOTHER FUND HSBC 1,21,806 10.00 1.92 0.61
48 VIC ENTERPRISES PVT.LTD. VIC ENTERPRISES 60,912 5.00 0.96 0.30
49 AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WANDA) AL MEHWAR COMMERCIAL INVESTMENTS LLC 96,552 7.93 1.52 0.48
50 KUWAIT INVESTMENT AUTHORITY FUND 224 KUWAIT INVESTMENT AUTHORITY 85,248 7.00 1.35 0.43
51 EDELWEISS BALANCED ADVANTAGE FUND EDELWEISS MUTUAL FUND 59,675 4.90 0.94 0.30
52 EDELWEISS ELSS TAX SAVER FUND EDELWEISS MUTUAL FUND 10,960 0.90 0.17 0.05
53 EDELWEISS FLEXI CAP FUND EDELWEISS MUTUAL FUND 14,613 1.20 0.23 0.07
54 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 85,248 7.00 1.35 0.43
55 MAX LIFE INSURANCE CO.LTD.-ULIF DYNAMIC GROWTH FUND MAX LIFE INSURANCE 42,624 3.50 0.67 0.21
56 MAX LIFE INSURANCE CO.LTD.-ULIF 01311/02/08 LIFE HIGHER 104-HIGH GROWTH FUND MAX LIFE INSURANCE 21,312 1.75 0.34 0.11
57 MAX LIFE INSURANCE CO.LTD.-ULIF 01213/08/07 PENSGRWSUP 104-PENSION GROWTH SUPER FUND MAX LIFE INSURANCE 21,312 1.75 0.34 0.11
58 BUENA VISTA ASIAN OPPORTUNITIES MASTER FUND LTD. BUENA 60,912 5.00 0.96 0.30
59 BNP PARIBAS ARBITRAGE BNP PARIBAS 2,67,948 22.00 4.23 1.34
60 NOMURA SINGAPORE LTD. NOMURA 60,912 5.00 0.96 0.30
63,36,439520.2210031.71

IPO Subscription FAQs

The Aavas Financiers IPO is subscribed 0.9737 times by Sep 27, 2018 18:30.

Aavas Financiers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.7745
Non Institutional0.2604
Retail Individual0.2504
Total Subscription0.9737

Retail category of Aavas Financiers IPO subscribed 0.2504 times as of date Sep 27, 2018 18:30. The public issue closes on Thu, Sep 27, 2018 for bidding.

An investor can apply in Aavas Financiers IPO online via bank (using ASBA) or the broker (using UPI). The Aavas Financiers IPO shares are offered online only.

The Aavas Financiers IPO is subscribed 0.9737 times by Sep 27, 2018 18:30.

The Aavas Financiers IPO allotment status is expected on or around Wednesday, October 3, 2018. Visit Aavas Financiers IPO allotment status to check.

The Aavas Financiers IPO listing date is October 8, 2018. The equity share of Aavas Financiers IPO will list on BSE, NSE.

Visit Aavas Financiers IPO subscription status page for real-time bidding information about Aavas Financiers IPO.

Aavas Financiers IPO Timetable

IPO opens OnTuesday, September 25, 2018
IPO Closes OnThursday, September 27, 2018
Finalisation of Basis of AllotmentWednesday, October 3, 2018
Initiation of RefundsThursday, October 4, 2018
Credit of Shares to Demat AccountFriday, October 5, 2018
IPO Listing DateMonday, October 8, 2018

Read more about Aavas Financiers IPO

IPO Details
IPO Recommendations
IPO Live Subscription
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IPO Basis of Allotment Document
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