Alpex Solar IPO Subscription Details

Bookbuilding IPO | ₹75 Cr | Listed at NSE SME | Thu, Feb 8, 2024 - Mon, Feb 12, 2024

Basis of Allotment - Alpex Solar IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)12,31,20018,45,60030,76,8009,24,00021,55,20061,56,000
Allotment price (Rs.)115115115115115115
No.of applications9089847,0636,17,1846,64,345
No.of shares applied17,24,40,00018,45,60017,42,85,60046,13,25,60074,06,20,8001,37,62,32,000
Amount collected (Rs.cr.)1,983.06 21.22 2,004.28 5,305.24 8,517.14 15,826.67
No.of times subscribed140.061.0056.65499.27343.64223.56
No.of shares allotted12,31,20018,45,60030,76,8009,24,00021,55,20061,56,000
Amount (Rs.cr.)14.16 21.22 35.38 10.63 24.78 70.79
No.of allottees868946601,7962,550

IPO Shares Offered

Alpex Solar IPO is a public issue of 0.62 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.31 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,24,0003.73 5.00%
QIB 30,76,80035.38 47.48%
    Anchor 18,45,600 21.22 28.48%
    QIB (Ex Anchor) 12,31,200 14.16 19.00%
NII* 9,24,00010.63 14.26%
Retail21,55,20024.78 33.26%
Total64,80,00074.52 100%

Alpex Solar IPO Anchor Investor Allocation

A total of 18,45,600 shares at a price of Rs 115 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 07, 2024
Anchor investor price₹115.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days9,22,800
No. of shares locked-in for 90 days9,22,800
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 PERSISTENT GROWTH FUND PERSISTENT 6,00,000 6.90 32.51 9.26
2 ASTRONE CAPITAL VCC ASTRONE CAPITAL 4,00,800 4.61 21.72 6.19
3 CRAFT EMERGING MARKET FUND PCC-ELITE CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 2,00,400 2.30 10.86 3.09
4 ACINTYO INVESTMENT FUND PCC-CELL 1 ACINTYO 1,74,000 2.00 9.43 2.69
5 FINAVENUE GROWTH FUND FINAVENUE 90,000 1.04 4.88 1.39
6 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 90,000 1.04 4.88 1.39
7 BEACON STONE CAPITAL VCC-BEACON STONE I BEACON STONE CAPITAL 2,00,400 2.30 10.86 3.09
8 CAPRI GLOBAL CAPITAL LTD. CAPRI 90,000 1.04 4.88 1.39
18,45,60021.2210028.48

IPO Subscription FAQs

The Alpex Solar IPO is subscribed 324.03 times by Feb 12, 2024 19:30.

Alpex Solar IPO Subscription

Investor Category Subscription (times)
Qualified Institutional141.48
Non Institutional502.31
Retail Individual351.89
Total Subscription324.03

Retail category of Alpex Solar IPO subscribed 351.89 times as of date Feb 12, 2024 19:30. The public issue closes on Mon, Feb 12, 2024 for bidding.

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

The Alpex Solar IPO is subscribed 324.03 times by Feb 12, 2024 19:30.

The Alpex Solar IPO allotment status is expected on or around Tuesday, February 13, 2024. Visit Alpex Solar IPO allotment status to check.

The Alpex Solar IPO listing date is February 15, 2024. The equity share of Alpex Solar IPO will list on NSE SME.

Visit Alpex Solar IPO subscription status page for real-time bidding information about Alpex Solar IPO.

Alpex Solar IPO Timetable

IPO opens OnThursday, February 8, 2024
IPO Closes OnMonday, February 12, 2024
Finalisation of Basis of AllotmentTuesday, February 13, 2024
Initiation of RefundsWednesday, February 14, 2024
Credit of Shares to Demat AccountWednesday, February 14, 2024
IPO Listing DateThursday, February 15, 2024
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