CreditAccess Grameen IPO Subscription Details

Bookbuilding IPO | ₹1,131 Cr | Listed at BSE, NSE | Wed, Aug 8, 2018 - Fri, Aug 10, 2018

Basis of Allotment - CreditAccess Grameen IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)53,61,07980,41,6171,34,02,69640,20,81093,81,8882,68,05,394
Allotment price (Rs.)422422422422422422
No.of applications3523581541,46,1841,46,396
No.of shares applied2,95,62,40090,15,5803,85,77,98014,95,20070,44,4504,71,17,630
Amount collected (Rs.cr.)1,247.53 380.46 1,627.99 63.10 297.28 1,988.36
No.of times subscribed5.511.122.880.370.751.76
No.of shares allotted1,02,24,12780,41,6171,82,65,74414,95,20070,44,4502,68,05,394
Amount (Rs.cr.)431.46 339.36 770.81 63.10 297.28 1,131.19
No.of allottees3523581541,46,1841,46,396

IPO Shares Offered

CreditAccess Grameen IPO is a public issue of 2.68 Cr equity shares. The issue offers 0.94 Cr shares to retail investors, 1.34 Cr shares to qualified institutional buyers, and 0.40 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,34,02,696565.59 50.00%
    Anchor 80,41,617 339.36 30.00%
    QIB (Ex Anchor) 53,61,079 226.24 20.00%
NII 40,20,810169.68 15.00%
Retail93,81,888395.92 35.00%
Total2,68,05,3941,131.19 100%

CreditAccess Grameen IPO Anchor Investor Allocation

A total of 80,41,617 shares at a price of Rs 422 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 07, 2018
Anchor investor price₹422.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days40,20,809
No. of shares locked-in for 90 days40,20,809
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND NEUBERGER BERMAN 10,66,345 45.00 13.26 3.98
2 EASTSPRING INVESTMENTS-INDIA INFRASTRUCTURE EQUITY OPEN LTD. EASTSPRING 8,69,625 36.70 10.81 3.24
3 EASTSPRING INVESTMENTS-INDIA EQUITY FUND EASTSPRING 1,49,330 6.30 1.86 0.56
4 PICTET-INDIAN EQUITIES PICTET 7,58,275 32.00 9.43 2.83
5 MIRAE ASSET INDIA SOLOMON EQUITY INVESTMENT TRUST 1 MIRAE 1,59,941 6.75 1.99 0.60
6 MIRAE ASSET INDIA SECTOR LEADER EQUITY FUND MIRAE 2,66,569 11.25 3.31 0.99
7 ICICI PRUDENTIAL BANKING & FINANCIAL SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 9,47,835 40.00 11.79 3.54
8 HDFC STANDARD LIFE INSURANCE CO.LTD. HDFC STANDARD LIFE INSURANCE 4,73,900 20.00 5.89 1.77
9 SUNDARAM CONSUMPTION FUND SUNDARAM MUTUAL FUND 5,92,410 25.00 7.37 2.21
10 TATA VALUE FUND-SERIES 1 TATA MUTUAL FUND 3,55,110 14.99 4.42 1.32
11 TATA VALUE FUND-SERIES 2 TATA MUTUAL FUND 1,18,650 5.01 1.48 0.44
12 TATA BANKING & FINANCIAL SERVICES FUND TATA MUTUAL FUND 1,18,650 5.01 1.48 0.44
13 INDIA ACORN FUND LTD. INDIA ACORN 1,18,510 5.00 1.47 0.44
14 AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WHITING) AL MEHWAR COMMERCIAL INVESTMENTS LLC 1,18,510 5.00 1.47 0.44
15 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 1,18,510 5.00 1.47 0.44
16 360 ONE FOCUSED FUND 360 ONE MUTUAL FUND 2,36,985 10.00 2.95 0.88
17 CANARA ROBECO ELSS TAX SAVER FUND CANARA ROBECO MUTUAL FUND 1,89,560 8.00 2.36 0.71
18 HSBC SMALL CAP FUND HSBC MUTUAL FUND 1,21,339 5.12 1.51 0.45
19 NUVAMA PRIVATE INVESTMENTS TRUST-NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 4,62,070 19.50 5.75 1.72
20 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 1,49,981 6.33 1.87 0.56
21 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 3,31,730 14.00 4.13 1.24
22 BNP PARIBAS ARBITRAGE BNP PARIBAS 1,99,272 8.41 2.48 0.74
23 ASHOKA PTE.LTD. ASHOKA 1,18,510 5.00 1.47 0.44
80,41,617339.3610030.00

IPO Subscription FAQs

The CreditAccess Grameen IPO is subscribed 2.2163 times by Aug 10, 2018 18:29.

CreditAccess Grameen IPO Subscription

Investor Category Subscription (times)
Qualified Institutional5.5227
Non Institutional0.9758
Retail Individual0.8706
Total Subscription2.2163

Retail category of CreditAccess Grameen IPO subscribed 0.8706 times as of date Aug 10, 2018 18:29. The public issue closes on Fri, Aug 10, 2018 for bidding.

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

The CreditAccess Grameen IPO is subscribed 2.2163 times by Aug 10, 2018 18:29.

The CreditAccess Grameen IPO allotment status is expected on or around Thursday, August 16, 2018. Visit CreditAccess Grameen IPO allotment status to check.

The CreditAccess Grameen IPO listing date is August 23, 2018. The equity share of CreditAccess Grameen IPO will list on BSE, NSE.

Visit CreditAccess Grameen IPO subscription status page for real-time bidding information about CreditAccess Grameen IPO.

CreditAccess Grameen IPO Timetable

IPO opens OnWednesday, August 8, 2018
IPO Closes OnFriday, August 10, 2018
Finalisation of Basis of AllotmentThursday, August 16, 2018
Initiation of RefundsMonday, August 20, 2018
Credit of Shares to Demat AccountTuesday, August 21, 2018
IPO Listing DateThursday, August 23, 2018
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