Chavda Infra IPO Subscription Details

Bookbuilding IPO | ₹43 Cr | Listed at NSE SME | Tue, Sep 12, 2023 - Thu, Sep 14, 2023

Basis of Allotment - Chavda Infra IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)12,64,00018,96,00031,60,0009,48,00022,12,00063,20,000
Allotment price (Rs.)656565656565
No.of applications4775412,4342,17,1112,29,599
No.of shares applied11,24,18,00025,16,00011,49,34,00023,50,98,00043,42,22,00078,42,54,000
Amount collected (Rs.cr.)730.72 16.35 747.07 1,528.14 2,822.44 5,097.65
No.of times subscribed88.941.3336.37247.99196.30124.09
No.of shares allotted12,64,00018,96,00031,60,0009,48,00022,12,00063,20,000
Amount (Rs.cr.)8.22 12.32 20.54 6.16 14.38 41.08
No.of allottees4775401,1061,160

IPO Shares Offered

Chavda Infra IPO is a public issue of 0.63 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.32 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,36,0002.18 5.05%
QIB 31,60,00020.54 47.48%
    Anchor 18,96,000 12.32 28.49%
    QIB (Ex Anchor) 12,64,000 8.22 18.99%
NII* 9,48,0006.16 14.24%
Retail22,12,00014.38 33.23%
Total66,56,00043.26 100%

Chavda Infra IPO Anchor Investor Allocation

A total of 18,96,000 shares at a price of Rs 65 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 11, 2023
Anchor investor price₹65.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days9,48,000
No. of shares locked-in for 90 days9,48,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NAV CAPITAL VCC NAV CAPITAL 5,12,000 3.33 27.00 7.69
2 MORGAN STANLEY ASIA (SINGAPORE) PTE. MORGAN STANLEY 4,60,000 2.99 24.26 6.91
3 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 3,08,000 2.00 16.24 4.63
4 LRSD SECURITIES PVT.LTD. LRSD SECURITIES 1,54,000 1.00 8.12 2.31
5 NEOMILE GROWTH FUND NEOMILE 1,54,000 1.00 8.12 2.31
6 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 1,54,000 1.00 8.12 2.31
7 ACINTYO INVESTMENT FUND PCC-CELL 1 ACINTYO 1,54,000 1.00 8.12 2.31
18,96,00012.3210028.49

IPO Subscription FAQs

The Chavda Infra IPO is subscribed 180.06 times by Sep 14, 2023 19:29.

Chavda Infra IPO Subscription

Investor Category Subscription (times)
Qualified Institutional95.1
Non Institutional241.96
Retail Individual202.07
Total Subscription180.06

Retail category of Chavda Infra IPO subscribed 202.07 times as of date Sep 14, 2023 19:29. The public issue closes on Thu, Sep 14, 2023 for bidding.

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

The Chavda Infra IPO is subscribed 180.06 times by Sep 14, 2023 19:29.

The Chavda Infra IPO allotment status is expected on or around Wednesday, September 20, 2023. Visit Chavda Infra IPO allotment status to check.

The Chavda Infra IPO listing date is September 25, 2023. The equity share of Chavda Infra IPO will list on NSE SME.

Visit Chavda Infra IPO subscription status page for real-time bidding information about Chavda Infra IPO.

Chavda Infra IPO Timetable

IPO opens OnTuesday, September 12, 2023
IPO Closes OnThursday, September 14, 2023
Finalisation of Basis of AllotmentWednesday, September 20, 2023
Initiation of RefundsThursday, September 21, 2023
Credit of Shares to Demat AccountFriday, September 22, 2023
IPO Listing DateMonday, September 25, 2023
Open an Instant Account with Zerodha