Canarys Automations IPO Subscription Details

Bookbuilding IPO | ₹47 Cr | Listed at NSE SME | Wed, Sep 27, 2023 - Tue, Oct 3, 2023

Basis of Allotment - Canarys Automations IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)39,68,00032,32,00072,00,00021,64,00050,48,0001,44,12,000
Allotment price (Rs.)313131313131
No.of applications74111,58414,51616,111
No.of shares applied77,36,00032,32,0001,09,68,0003,89,48,0005,80,64,00010,79,80,000
Amount collected (Rs.cr.)23.98 10.02 34.00 120.74 180.00 334.74
No.of times subscribed1.951.001.5218.0011.507.49
No.of shares allotted39,68,00032,32,00072,00,00021,64,00050,48,0001,44,12,000
Amount (Rs.cr.)12.30 10.02 22.32 6.71 15.65 44.68
No.of allottees74113621,2621,635

IPO Shares Offered

Canarys Automations IPO is a public issue of 1.44 Cr equity shares. The issue offers 0.50 Cr shares to retail investors, 0.72 Cr shares to qualified institutional buyers, and 0.22 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker7,60,0002.36 5.01%
QIB 72,00,00022.32 47.46%
    Anchor 32,32,000 10.02 21.30%
    QIB (Ex Anchor) 39,68,000 12.30 26.15%
NII* 21,64,0006.71 14.26%
Retail50,48,00015.65 33.27%
Total1,51,72,00047.03 100%

Canarys Automations IPO Anchor Investor Allocation

A total of 32,32,000 shares at a price of Rs 31 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 26, 2023
Anchor investor price₹31.00
Anchor investors as % of QIBs44.89%
No. of shares locked-in for 30 days16,16,000
No. of shares locked-in for 90 days16,16,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEGEN UNDISCOVERED VALUE FUND NEGEN 12,92,000 4.01 39.98 8.52
2 FINAVENUE GROWTH FUND FINAVENUE 9,68,000 3.00 29.95 6.38
3 SAINT CAPITAL FUND SAINT CAPITAL 6,48,000 2.01 20.05 4.27
4 VPK GLOBAL VENTURES FUND VPK 3,24,000 1.00 10.02 2.14
32,32,00010.0210021.30

IPO Subscription FAQs

The Canarys Automations IPO is subscribed 9.94 times by Oct 03, 2023 19:29.

Canarys Automations IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.73
Non Institutional14.29
Retail Individual11.7
Total Subscription9.94

Retail category of Canarys Automations IPO subscribed 11.7 times as of date Oct 03, 2023 19:29. The public issue closes on Tue, Oct 3, 2023 for bidding.

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

The Canarys Automations IPO is subscribed 9.94 times by Oct 03, 2023 19:29.

The Canarys Automations IPO allotment status is expected on or around Friday, October 6, 2023. Visit Canarys Automations IPO allotment status to check.

The Canarys Automations IPO listing date is October 11, 2023. The equity share of Canarys Automations IPO will list on NSE SME.

Visit Canarys Automations IPO subscription status page for real-time bidding information about Canarys Automations IPO.

Canarys Automations IPO Timetable

IPO opens OnWednesday, September 27, 2023
IPO Closes OnTuesday, October 3, 2023
Finalisation of Basis of AllotmentFriday, October 6, 2023
Initiation of RefundsMonday, October 9, 2023
Credit of Shares to Demat AccountTuesday, October 10, 2023
IPO Listing DateWednesday, October 11, 2023
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