Shri Balaji Valve Components IPO Subscription Details

Bookbuilding IPO | ₹22 Cr | Listed at BSE SME | Wed, Dec 27, 2023 - Fri, Dec 29, 2023

Basis of Allotment - Shri Balaji Valve Components IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)4,09,2006,13,20010,22,4003,07,2007,16,40020,46,000
Allotment price (Rs.)100100100100100100
No.of applications3353811,00699,7061,10,750
No.of shares applied2,56,40,4006,13,2002,62,53,60024,79,32,00011,96,47,20039,38,32,800
Amount collected (Rs.cr.)256.40 6.13 262.54 2,479.32 1,196.47 3,938.33
No.of times subscribed62.661.0025.68807.07167.01192.49
No.of shares allotted4,09,2006,13,20010,22,4003,07,2007,16,40020,46,000
Amount (Rs.cr.)4.09 6.13 10.22 3.07 7.16 20.46
No.of allottees33538254597889

IPO Shares Offered

Shri Balaji Valve Components IPO is a public issue of 0.20 Cr equity shares. The issue offers 0.07 Cr shares to retail investors, 0.10 Cr shares to qualified institutional buyers, and 0.03 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,14,0001.14 5.28%
QIB 10,22,40010.22 47.33%
    Anchor 6,13,200 6.13 28.39%
    QIB (Ex Anchor) 4,09,200 4.09 18.94%
NII* 3,07,2003.07 14.22%
Retail7,16,4007.16 33.17%
Total21,60,00021.60 100%

Shri Balaji Valve Components IPO Anchor Investor Allocation

A total of 6,13,200 shares at a price of Rs 100 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 26, 2023
Anchor investor price₹100.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days3,06,600
No. of shares locked-in for 90 days3,06,600
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 PERSISTENT GROWTH FUND PERSISTENT 1,56,000 1.56 25.44 7.22
2 FINAVENUE GROWTH FUND FINAVENUE 1,00,800 1.01 16.44 4.67
3 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 1,54,800 1.55 25.24 7.17
4 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,00,800 1.01 16.44 4.67
5 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 1,00,800 1.01 16.44 4.67
6,13,2006.1310028.39

IPO Subscription FAQs

The Shri Balaji Valve Components IPO is subscribed 276.44 times by Dec 29, 2023 19:02.

Shri Balaji Valve Components IPO Subscription

Investor Category Subscription (times)
Qualified Institutional70.04
Non Institutional799.7
Retail Individual169.95
Total Subscription276.44

Retail category of Shri Balaji Valve Components IPO subscribed 169.95 times as of date Dec 29, 2023 19:02. The public issue closes on Fri, Dec 29, 2023 for bidding.

An investor can apply in Shri Balaji Valve Components IPO online via bank (using ASBA) or the broker (using UPI). The Shri Balaji Valve Components IPO shares are offered online only.

The Shri Balaji Valve Components IPO is subscribed 276.44 times by Dec 29, 2023 19:02.

The Shri Balaji Valve Components IPO allotment status is expected on or around Monday, January 1, 2024. Visit Shri Balaji Valve Components IPO allotment status to check.

The Shri Balaji Valve Components IPO listing date is January 3, 2024. The equity share of Shri Balaji Valve Components IPO will list on BSE SME.

Visit Shri Balaji Valve Components IPO subscription status page for real-time bidding information about Shri Balaji Valve Components IPO.

Shri Balaji Valve Components IPO Timetable

IPO opens OnWednesday, December 27, 2023
IPO Closes OnFriday, December 29, 2023
Finalisation of Basis of AllotmentMonday, January 1, 2024
Initiation of RefundsTuesday, January 2, 2024
Credit of Shares to Demat AccountTuesday, January 2, 2024
IPO Listing DateWednesday, January 3, 2024
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