Bookbuilding IPO | ₹740 Cr | Listed at BSE, NSE | Wed, Dec 20, 2023 - Fri, Dec 22, 2023
| Category | QIB | NII | Retail | Employees | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | ||||
| Allocation (No. of shares) | 28,09,155 | 42,13,731 | 70,22,886 | 7,02,289 | 14,04,577 | 21,06,866 | 49,16,021 | 76,335 | 1,41,22,108 |
| Allotment price (Rs.) | 524 | 524 | 524 | 524 | 524 | 524 | 524 | 524 | 524 |
| No.of applications | 142 | 20 | 162 | 1,39,467 | 65,416 | 2,04,883 | 32,43,691 | 200 | 34,48,936 |
| No.of shares applied | 50,27,63,828 | 46,08,940 | 50,73,72,768 | 5,83,14,228 | 13,23,33,684 | 19,06,47,912 | 11,77,46,020 | 73,920 | 81,58,40,620 |
| Amount collected (Rs.cr.) | 26,344.82 | 241.51 | 26,586.33 | 3,055.67 | 6,934.29 | 9,989.95 | 6,169.89 | 3.87 | 42,750.05 |
| No.of times subscribed | 178.97 | 1.09 | 72.25 | 83.03 | 94.22 | 90.49 | 23.95 | 0.97 | 57.77 |
| No.of shares allotted | 28,10,362 | 42,13,731 | 70,24,093 | 7,02,410 | 14,04,819 | 21,07,229 | 49,16,866 | 73,920 | 1,41,22,108 |
| Amount (Rs.cr.) | 147.26 | 220.80 | 368.06 | 36.81 | 73.61 | 110.42 | 257.64 | 3.87 | 740.00 |
| No.of allottees | 141 | 20 | 161 | 1,791 | 3,583 | 5,374 | 1,75,602 | 200 | 1,81,337 |
Azad Engineering IPO is a public issue of 1.41 Cr equity shares. The issue offers 0.49 Cr shares to retail investors, 0.70 Cr shares to qualified institutional buyers, and 0.21 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| QIB | 70,22,886 | 368.00 | 49.73% |
| Anchor | 42,13,731 | 220.80 | 29.84% |
| QIB (Ex Anchor) | 28,09,155 | 147.20 | 19.89% |
| NII | 21,06,866 | 110.40 | 14.92% |
| bNII (> ₹10L) | 14,04,577 | 73.60 | 9.95% |
| sNII (< ₹10L) | 7,02,289 | 36.80 | 4.97% |
| Retail | 49,16,021 | 257.60 | 34.81% |
| Employee | 76,335 | 4.00 | 0.54% |
| Total | 1,41,22,108 | 740.00 | 100% |
A total of 42,13,731 shares at a price of Rs 524 per share will be allotted to the anchor investors.
| Anchor investors bid opening date | Dec 19, 2023 |
| Anchor investor price | ₹524.00 |
| Anchor investors as % of QIBs | 60.00% |
| No. of shares locked-in for 30 days | 21,06,866 |
| No. of shares locked-in for 90 days | 21,06,866 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
The Azad Engineering IPO is subscribed 83.04 times by Dec 22, 2023 19:02.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 179.64 |
| Non Institutional | 90.24 |
| Retail Individual | 24.51 |
| Total Subscription | 83.04 |
An investor can apply in Azad Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Azad Engineering IPO shares are offered online only.
The Azad Engineering IPO is subscribed 83.04 times by Dec 22, 2023 19:02.
The Azad Engineering IPO allotment status is expected on or around Tuesday, December 26, 2023. Visit Azad Engineering IPO allotment status to check.
The Azad Engineering IPO listing date is December 28, 2023. The equity share of Azad Engineering IPO will list on BSE, NSE.
Visit Azad Engineering IPO subscription status page for real-time bidding information about Azad Engineering IPO.
| IPO opens On | Wednesday, December 20, 2023 |
| IPO Closes On | Friday, December 22, 2023 |
| Finalisation of Basis of Allotment | Tuesday, December 26, 2023 |
| Initiation of Refunds | Wednesday, December 27, 2023 |
| Credit of Shares to Demat Account | Wednesday, December 27, 2023 |
| IPO Listing Date | Thursday, December 28, 2023 |
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