Brace Port Logistics IPO Subscription Details

Bookbuilding IPO | ₹24 Cr | Listed at NSE SME | Mon, Aug 19, 2024 - Wed, Aug 21, 2024

Basis of Allotment - Brace Port Logistics IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)3,58,4005,37,6008,96,0008,00,00012,00,00028,96,000
Allotment price (Rs.)808080808080
No.of applications104310734,4074,90,5735,25,087
No.of shares applied16,07,76,0005,37,60016,13,13,60068,87,15,20078,49,16,8001,63,49,45,600
Amount collected (Rs.cr.)1,286.21 4.30 1,290.51 5,509.72 6,279.33 13,079.56
No.of times subscribed448.591.00180.04860.89654.10564.55
No.of shares allotted3,58,4005,37,6008,96,0008,00,00012,00,00028,96,000
Amount (Rs.cr.)2.87 4.30 7.17 6.40 9.60 23.17
No.of allottees933964867501,332

IPO Shares Offered

Brace Port Logistics IPO is a public issue of 0.29 Cr equity shares. The issue offers 0.12 Cr shares to retail investors, 0.09 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,55,2001.24 5.09%
QIB 8,96,0007.17 29.37%
    Anchor 5,37,600 4.30 17.62%
    QIB (Ex Anchor) 3,58,400 2.87 11.75%
NII* 8,00,0006.40 26.22%
Retail12,00,0009.60 39.33%
Total30,51,20024.41 100%

Brace Port Logistics IPO Anchor Investor Allocation

A total of 5,37,600 shares at a price of Rs 80 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 16, 2024
Anchor investor price₹80.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days2,68,800
No. of shares locked-in for 90 days2,68,800
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HOLANI VENTURE CAPITAL FUND HOLANI 2,51,200 2.01 46.73 8.23
2 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 1,58,400 1.27 29.46 5.19
3 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,28,000 1.02 23.81 4.20
5,37,6004.3010017.62

IPO Subscription FAQs

The Brace Port Logistics IPO is subscribed 657.81 times by Aug 21, 2024 18:20.

Brace Port Logistics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional450.04
Non Institutional854.49
Retail Individual588.74
Total Subscription657.81

Retail category of Brace Port Logistics IPO subscribed 588.74 times as of date Aug 21, 2024 18:20. The public issue closes on Wed, Aug 21, 2024 for bidding.

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

The Brace Port Logistics IPO is subscribed 657.81 times by Aug 21, 2024 18:20.

The Brace Port Logistics IPO allotment status is expected on or around Thursday, August 22, 2024. Visit Brace Port Logistics IPO allotment status to check.

The Brace Port Logistics IPO listing date is August 26, 2024. The equity share of Brace Port Logistics IPO will list on NSE SME.

Visit Brace Port Logistics IPO subscription status page for real-time bidding information about Brace Port Logistics IPO.

Brace Port Logistics IPO Timetable

IPO opens OnMonday, August 19, 2024
IPO Closes OnWednesday, August 21, 2024
Finalisation of Basis of AllotmentThursday, August 22, 2024
Initiation of RefundsFriday, August 23, 2024
Credit of Shares to Demat AccountFriday, August 23, 2024
IPO Listing DateMonday, August 26, 2024
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