Comrade Appliances IPO Subscription Details

Bookbuilding IPO | ₹12 Cr | Listed at BSE SME | Wed, May 31, 2023 - Mon, Jun 5, 2023

Basis of Allotment - Comrade Appliances IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)4,32,0006,48,00010,80,0003,26,0007,58,00021,64,000
Allotment price (Rs.)545454545454
No.of applications132151,62827,44529,088
No.of shares applied88,86,0008,34,00097,20,0005,35,28,0005,48,90,00011,81,38,000
Amount collected (Rs.cr.)47.98 4.50 52.49 289.05 296.41 637.95
No.of times subscribed20.571.299.00164.2072.4154.59
No.of shares allotted4,32,0006,48,00010,80,0003,26,0007,58,00021,64,000
Amount (Rs.cr.)2.33 3.50 5.83 1.76 4.09 11.69
No.of allottees13215130379524

IPO Shares Offered

Comrade Appliances IPO is a public issue of 0.22 Cr equity shares. The issue offers 0.08 Cr shares to retail investors, 0.11 Cr shares to qualified institutional buyers, and 0.03 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,14,0000.62 5.00%
QIB 10,80,0005.83 47.41%
    Anchor 6,48,000 3.50 28.45%
    QIB (Ex Anchor) 4,32,000 2.33 18.96%
NII* 3,26,0001.76 14.31%
Retail7,58,0004.09 33.27%
Total22,78,00012.30 100%

Comrade Appliances IPO Anchor Investor Allocation

A total of 6,48,000 shares at a price of Rs 54 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 30, 2023
Anchor investor price₹54.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days3,24,000
No. of shares locked-in for 90 days3,24,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ATIVIR ALTERNATIVE INVESTMENT FUND ATIVIR 1,86,000 1.00 28.70 8.17
2 SAINT CAPITAL FUND SAINT CAPITAL 4,62,000 2.49 71.30 20.28
6,48,0003.5010028.45

IPO Subscription FAQs

The Comrade Appliances IPO is subscribed 77.25 times by Jun 05, 2023 19:02.

Comrade Appliances IPO Subscription

Investor Category Subscription (times)
Qualified Institutional21.86
Non Institutional162.67
Retail Individual72.08
Total Subscription77.25

Retail category of Comrade Appliances IPO subscribed 72.08 times as of date Jun 05, 2023 19:02. The public issue closes on Mon, Jun 5, 2023 for bidding.

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

The Comrade Appliances IPO is subscribed 77.25 times by Jun 05, 2023 19:02.

The Comrade Appliances IPO allotment status is expected on or around Thursday, June 8, 2023. Visit Comrade Appliances IPO allotment status to check.

The Comrade Appliances IPO listing date is June 13, 2023. The equity share of Comrade Appliances IPO will list on BSE SME.

Visit Comrade Appliances IPO subscription status page for real-time bidding information about Comrade Appliances IPO.

Comrade Appliances IPO Timetable

IPO opens OnWednesday, May 31, 2023
IPO Closes OnMonday, June 5, 2023
Finalisation of Basis of AllotmentThursday, June 8, 2023
Initiation of RefundsFriday, June 9, 2023
Credit of Shares to Demat AccountMonday, June 12, 2023
IPO Listing DateTuesday, June 13, 2023
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