Ashoka Buildcon IPO Subscription Details

Bookbuilding IPO | ₹225 Cr | Listed at BSE, NSE | Fri, Sep 24, 2010 - Tue, Sep 28, 2010

Basis of Allotment - Ashoka Buildcon IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)29,02,08312,43,75041,45,8336,90,97220,72,91734,72269,44,444
Allotment price (Rs.)324324324324324324324
No.of applications57157214045,96024746,419
No.of shares applied8,07,90,40230,86,7068,38,77,1081,02,40,90276,01,97947,39710,17,67,386
Amount collected (Rs.cr.)2,617.61 100.01 2,717.62 331.81 246.30 1.54 3,297.26
No.of times subscribed27.842.4820.2314.823.671.3714.65
No.of shares allotted29,02,08412,43,75041,45,8346,90,97220,72,91634,72269,44,444
Amount (Rs.cr.)94.03 40.30 134.33 22.39 67.16 1.12 225.00
No.of allottees57157213635,38023435,822

IPO Shares Offered

Ashoka Buildcon IPO is a public issue of 0.69 Cr equity shares. The issue offers 0.21 Cr shares to retail investors, 0.41 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 41,45,833134.32 59.70%
    Anchor 12,43,750 40.30 17.91%
    QIB (Ex Anchor) 29,02,083 94.03 41.79%
NII 6,90,97222.39 9.95%
Retail20,72,91767.16 29.85%
Employee34,7221.12 0.50%
Total69,44,444225.00 100%

Ashoka Buildcon IPO Anchor Investor Allocation

A total of 12,43,750 shares at a price of Rs 324 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 23, 2010
Anchor investor price₹324.00
Anchor investors as % of QIBs30.00%
No. of shares locked-in for 30 days6,21,875
No. of shares locked-in for 90 days6,21,875
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 DSP MID CAP FUND DSP MUTUAL FUND 1,15,805 3.75 9.31 1.67
2 DSP SMALL CAP FUND DSP MUTUAL FUND 1,15,805 3.75 9.31 1.67
3 RELIANCE NIPPON LIFE INSURANCE CO.LTD. RELIANCE NIPPON LIFE INSURANCE 1,71,116 5.54 13.76 2.46
4 AIG GLOBAL INVESTEMENT CORP.(ASIA) LTD. AIG 61,857 2.00 4.97 0.89
5 AXIS CONSERVATIVE HYBRID FUND AXIS MUTUAL FUND 30,864 1.00 2.48 0.44
6 AXIS ELSS TAX SAVER FUND AXIS MUTUAL FUND 27,777 0.90 2.23 0.40
7 AXIS MULTI ASSET ALLOCATION FUND AXIS MUTUAL FUND 30,864 1.00 2.48 0.44
8 AXIS LARGE CAP FUND AXIS MUTUAL FUND 68,031 2.20 5.47 0.98
9 MONSOON INDIA INFLECTION FUND LTD. MONSOON INDIA 51,895 1.68 4.17 0.75
10 MONSOON INDIA INFLECTION FUND 2 LTD. MONSOON INDIA 1,03,789 3.36 8.34 1.49
11 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 1,55,684 5.04 12.52 2.24
12 AXIS BANK LTD. AXIS BANK 92,721 3.00 7.46 1.34
13 JM FOCUSED FUND JM FINANCIAL MUTUAL FUND 62,410 2.02 5.02 0.90
14 JM VALUE FUND JM FINANCIAL MUTUAL FUND 62,410 2.02 5.02 0.90
15 MACQUARIE BANK LTD. MACQUARIE 92,722 3.00 7.46 1.34
12,43,75040.3010017.91

IPO Subscription FAQs

The Ashoka Buildcon IPO is subscribed 14.2775 times by Sep 28, 2010 19:30.

Ashoka Buildcon IPO Subscription

Investor Category Subscription (times)
Qualified Institutional27.84
Non Institutional15.1746
Retail Individual3.7745
Employee Reservations1.3203
Total Subscription14.2775

Retail category of Ashoka Buildcon IPO subscribed 3.7745 times as of date Sep 28, 2010 19:30. The public issue closes on Tue, Sep 28, 2010 for bidding.

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

The Ashoka Buildcon IPO is subscribed 14.2775 times by Sep 28, 2010 19:30.

The Ashoka Buildcon IPO allotment status is expected on or around [.]. Visit Ashoka Buildcon IPO allotment status to check.

The Ashoka Buildcon IPO listing date is October 14, 2010. The equity share of Ashoka Buildcon IPO will list on BSE, NSE.

Visit Ashoka Buildcon IPO subscription status page for real-time bidding information about Ashoka Buildcon IPO.

Ashoka Buildcon IPO Timetable

IPO opens OnFriday, September 24, 2010
IPO Closes OnTuesday, September 28, 2010
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, October 14, 2010
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