Apex Frozen Foods IPO Subscription Details

Bookbuilding IPO | ₹152 Cr | Listed at BSE, NSE | Tue, Aug 22, 2017 - Thu, Aug 24, 2017

Basis of Allotment - Apex Frozen Foods IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)16,60,00024,90,00041,50,00012,45,00029,05,0004,00,00087,00,000
Allotment price (Rs.)175175175175175175175
No.of applications74113592,02,692622,03,124
No.of shares applied31,49,60025,71,52057,21,12089,86,7202,34,79,1201,73,6003,83,60,560
Amount collected (Rs.cr.)55.12 45.00 100.12 157.27 410.88 3.04 671.31
No.of times subscribed1.901.031.387.228.080.434.41
No.of shares allotted17,73,20024,90,00042,63,20012,78,96029,84,2401,73,60087,00,000
Amount (Rs.cr.)31.03 43.58 74.61 22.38 52.22 3.04 152.25
No.of allottees7411006273

IPO Shares Offered

Apex Frozen Foods IPO is a public issue of 0.87 Cr equity shares. The issue offers 0.29 Cr shares to retail investors, 0.42 Cr shares to qualified institutional buyers, and 0.12 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 41,50,00072.63 47.70%
    Anchor 24,90,000 43.58 28.62%
    QIB (Ex Anchor) 16,60,000 29.05 19.08%
NII 12,45,00021.79 14.31%
Retail29,05,00050.84 33.39%
Employee4,00,0007.00 4.60%
Total87,00,000152.25 100%

Apex Frozen Foods IPO Anchor Investor Allocation

A total of 24,90,000 shares at a price of Rs 175 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 21, 2017
Anchor investor price₹175.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days12,45,000
No. of shares locked-in for 90 days12,45,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 14,28,640 25.00 57.38 16.42
2 HSBC SMALL CAP FUND HSBC MUTUAL FUND 3,71,440 6.50 14.92 4.27
3 HSBC FLEXI CAP FUND HSBC MUTUAL FUND 2,00,000 3.50 8.03 2.30
4 INVESCO INDIA CONTRA FUND INVESCO MUTUAL FUND 4,89,920 8.57 19.68 5.63
24,90,00043.5810028.62

IPO Subscription FAQs

The Apex Frozen Foods IPO is subscribed 6.14 times by Aug 24, 2017 17:00.

Apex Frozen Foods IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.91
Non Institutional7.82
Retail Individual8.53
Employee Reservations1.1
Total Subscription6.14

Retail category of Apex Frozen Foods IPO subscribed 8.53 times as of date Aug 24, 2017 17:00. The public issue closes on Thu, Aug 24, 2017 for bidding.

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

The Apex Frozen Foods IPO is subscribed 6.14 times by Aug 24, 2017 17:00.

The Apex Frozen Foods IPO allotment status is expected on or around Wednesday, August 30, 2017. Visit Apex Frozen Foods IPO allotment status to check.

The Apex Frozen Foods IPO listing date is September 4, 2017. The equity share of Apex Frozen Foods IPO will list on BSE, NSE.

Visit Apex Frozen Foods IPO subscription status page for real-time bidding information about Apex Frozen Foods IPO.

Apex Frozen Foods IPO Timetable

IPO opens OnTuesday, August 22, 2017
IPO Closes OnThursday, August 24, 2017
Finalisation of Basis of AllotmentWednesday, August 30, 2017
Initiation of RefundsFriday, September 1, 2017
Credit of Shares to Demat AccountFriday, September 1, 2017
IPO Listing DateMonday, September 4, 2017
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