CL Educate IPO Subscription Details

Bookbuilding IPO | ₹239 Cr | Listed at BSE, NSE | Mon, Mar 20, 2017 - Wed, Mar 22, 2017

Basis of Allotment - CL Educate IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)9,52,00014,28,00023,80,0007,14,00016,66,00047,60,000
Allotment price (Rs.)502502502502502502
No.of applications1617333771,84271,912
No.of shares applied34,70,77817,93,07052,63,8481,27,25225,57,51079,48,610
Amount collected (Rs.cr.)174.23 90.01 264.25 6.39 128.39 399.02
No.of times subscribed3.651.262.210.181.541.67
No.of shares allotted12,97,14614,28,00027,25,1461,27,25219,07,60247,60,000
Amount (Rs.cr.)65.12 71.69 136.80 6.39 95.76 238.95
No.of allottees169253765,77965,841

IPO Shares Offered

CL Educate IPO is a public issue of 0.48 Cr equity shares. The issue offers 0.17 Cr shares to retail investors, 0.24 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 23,80,000119.48 50.00%
    Anchor 14,28,000 71.69 30.00%
    QIB (Ex Anchor) 9,52,000 47.79 20.00%
NII 7,14,00035.84 15.00%
Retail16,66,00083.63 35.00%
Total47,60,000238.95 100%

CL Educate IPO Anchor Investor Allocation

A total of 14,28,000 shares at a price of Rs 502 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 17, 2017
Anchor investor price₹502.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days7,14,000
No. of shares locked-in for 90 days7,14,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC BALANCED ADVANTAGE FUND HDFC MUTUAL FUND 1,99,230 10.00 13.95 4.19
2 DSP SMALL CAP FUND DSP MUTUAL FUND 1,99,230 10.00 13.95 4.19
3 OCEAN DIAL GATEWAY TO INDIA (MAURITIUS) LTD. OCEAN DIAL 1,99,230 10.00 13.95 4.19
4 ASHOKA PTE.LTD. ASHOKA 1,99,230 10.00 13.95 4.19
5 SUNDARAM BALANCED ADVANTAGE FUND SUNDARAM MUTUAL FUND 67,860 3.41 4.75 1.43
6 SUNDARAM MONTHLY INCOME PLAN SUNDARAM MUTUAL FUND 30,856 1.55 2.16 0.65
7 SUNDARAM LONG TERM TAX ADVANTAGE FUND SUNDARAM MUTUAL FUND 6,728 0.34 0.47 0.14
8 SUNDARAM LONG TERM TAX ADVANTAGE FUND-SERIES II SUNDARAM MUTUAL FUND 4,872 0.24 0.34 0.10
9 SUNDARAM SELECT MICRO CAP-SERIES XI SUNDARAM MUTUAL FUND 29,754 1.49 2.08 0.63
10 SUNDARAM SELECT MICRO CAP-SERIES XII SUNDARAM MUTUAL FUND 21,808 1.09 1.53 0.46
11 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES III SUNDARAM MUTUAL FUND 37,352 1.88 2.62 0.78
12 CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURANCE CO.LTD. CANARA HSBC 1,33,044 6.68 9.32 2.80
13 HDFC STANDARD LIFE INSURANCE CO.LTD. HDFC STANDARD LIFE INSURANCE 99,602 5.00 6.97 2.09
14 SUNDARAM AGGRESSIVE HYBRID FUND SUNDARAM MUTUAL FUND 9,960 0.50 0.70 0.21
15 SUNDARAM ELSS TAX SAVER FUND SUNDARAM MUTUAL FUND 36,855 1.85 2.58 0.77
16 SUNDARAM MULTI CAP FUND SUNDARAM MUTUAL FUND 52,787 2.65 3.70 1.11
17 ICICI LOMBARD GENERAL INSURANCE CO.LTD. ICICI LOMBARD GENERAL INSURANCE 99,602 5.00 6.97 2.09
14,28,00071.6910030.00

IPO Subscription FAQs

The CL Educate IPO is subscribed 1.90286824729892 times by Mar 22, 2017 17:45.

CL Educate IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.65000945378151
Non Institutional0.210026610644258
Retail Individual1.63000540216086
Total Subscription1.90286824729892

Retail category of CL Educate IPO subscribed 1.63000540216086 times as of date Mar 22, 2017 17:45. The public issue closes on Wed, Mar 22, 2017 for bidding.

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

The CL Educate IPO is subscribed 1.90286824729892 times by Mar 22, 2017 17:45.

The CL Educate IPO allotment status is expected on or around Wednesday, March 29, 2017. Visit CL Educate IPO allotment status to check.

The CL Educate IPO listing date is March 31, 2017. The equity share of CL Educate IPO will list on BSE, NSE.

Visit CL Educate IPO subscription status page for real-time bidding information about CL Educate IPO.

CL Educate IPO Timetable

IPO opens OnMonday, March 20, 2017
IPO Closes OnWednesday, March 22, 2017
Finalisation of Basis of AllotmentWednesday, March 29, 2017
Initiation of RefundsWednesday, March 29, 2017
Credit of Shares to Demat AccountThursday, March 30, 2017
IPO Listing DateFriday, March 31, 2017
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