Chetana Education IPO Subscription Details

Bookbuilding IPO | ₹46 Cr | Listed at NSE SME | Wed, Jul 24, 2024 - Fri, Jul 26, 2024

Basis of Allotment - Chetana Education IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)10,25,60015,36,00025,61,6007,69,60017,95,20051,26,400
Allotment price (Rs.)858585858585
No.of applications4895714,3781,50,1261,64,561
No.of shares applied10,33,71,20015,36,00010,49,07,20036,17,50,40024,02,01,60070,68,59,200
Amount collected (Rs.cr.)878.66 13.06 891.71 3,074.88 2,041.71 6,008.30
No.of times subscribed100.791.0040.95470.05133.80137.89
No.of shares allotted10,25,60015,36,00025,61,6007,69,60017,95,20051,26,400
Amount (Rs.cr.)8.72 13.06 21.77 6.54 15.26 43.57
No.of allottees489574241,1221,603

IPO Shares Offered

Chetana Education IPO is a public issue of 0.51 Cr equity shares. The issue offers 0.18 Cr shares to retail investors, 0.26 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,73,6002.33 5.07%
QIB 25,61,60021.77 47.44%
    Anchor 15,36,000 13.06 28.44%
    QIB (Ex Anchor) 10,25,600 8.72 18.99%
NII* 7,69,6006.54 14.25%
Retail17,95,20015.26 33.24%
Total54,00,00045.90 100%

Chetana Education IPO Anchor Investor Allocation

A total of 15,36,000 shares at a price of Rs 85 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 23, 2024
Anchor investor price₹85.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days7,68,000
No. of shares locked-in for 90 days7,68,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FINAVENUE GROWTH FUND FINAVENUE 2,94,400 2.50 19.17 5.45
2 NEGEN UNDISCOVERED VALUE FUND NEGEN 2,94,400 2.50 19.17 5.45
3 VISIONARY VALUE TRUST VISIONARY 2,36,800 2.01 15.42 4.39
4 BENANI CAPITAL BENANI 1,18,400 1.01 7.71 2.19
5 J4S VENTURE FUND J4S 1,18,400 1.01 7.71 2.19
6 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 1,18,400 1.01 7.71 2.19
7 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,18,400 1.01 7.71 2.19
8 RESONANCE OPPORTUNITIES FUND RESONANCE OPPORTUNITIES 1,18,400 1.01 7.71 2.19
9 LOTUS VALUE TRUST LOTUS VALUE 1,18,400 1.01 7.71 2.19
15,36,00013.0610028.44

IPO Subscription FAQs

The Chetana Education IPO is subscribed 196.87 times by Jul 26, 2024 18:19.

Chetana Education IPO Subscription

Investor Category Subscription (times)
Qualified Institutional101.22
Non Institutional468.42
Retail Individual135.11
Total Subscription196.87

Retail category of Chetana Education IPO subscribed 135.11 times as of date Jul 26, 2024 18:19. The public issue closes on Fri, Jul 26, 2024 for bidding.

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

The Chetana Education IPO is subscribed 196.87 times by Jul 26, 2024 18:19.

The Chetana Education IPO allotment status is expected on or around Monday, July 29, 2024. Visit Chetana Education IPO allotment status to check.

The Chetana Education IPO listing date is July 31, 2024. The equity share of Chetana Education IPO will list on NSE SME.

Visit Chetana Education IPO subscription status page for real-time bidding information about Chetana Education IPO.

Chetana Education IPO Timetable

IPO opens OnWednesday, July 24, 2024
IPO Closes OnFriday, July 26, 2024
Finalisation of Basis of AllotmentMonday, July 29, 2024
Initiation of RefundsTuesday, July 30, 2024
Credit of Shares to Demat AccountTuesday, July 30, 2024
IPO Listing DateWednesday, July 31, 2024
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