Elin Electronics IPO Subscription Details

Bookbuilding IPO | ₹475 Cr | Listed at BSE, NSE | Tue, Dec 20, 2022 - Thu, Dec 22, 2022

Basis of Allotment - Elin Electronics IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)38,46,14957,69,22396,15,3729,61,53719,23,07528,84,61267,30,7621,92,30,746
Allotment price (Rs.)247247247247247247247247
No.of applications1515304,4351,2555,6902,08,9162,14,636
No.of shares applied1,82,10,84060,73,6202,42,84,46039,07,06057,61,98096,69,0401,52,13,1804,91,66,680
Amount collected (Rs.cr.)449.81 150.02 599.83 96.50 142.32 238.83 375.77 1,214.42
No.of times subscribed4.731.052.534.063.003.352.262.56
No.of shares allotted38,46,14957,69,22396,15,3729,61,53719,23,07528,84,61267,30,7621,92,30,746
Amount (Rs.cr.)95.00 142.50 237.50 23.75 47.50 71.25 166.25 475.00
No.of allottees1515301,1441,2552,3991,12,1791,14,608

IPO Shares Offered

Elin Electronics IPO is a public issue of 1.92 Cr equity shares. The issue offers 0.67 Cr shares to retail investors, 0.96 Cr shares to qualified institutional buyers, and 0.29 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 96,15,372237.50 50.00%
    Anchor 57,69,223 142.50 30.00%
    QIB (Ex Anchor) 38,46,149 95.00 20.00%
NII 28,84,61271.25 15.00%
    bNII (> ₹10L)19,23,07547.50 10.00%
    sNII (< ₹10L)9,61,53723.75 5.00%
Retail67,30,762166.25 35.00%
Total1,92,30,746475.00 100%

Elin Electronics IPO Anchor Investor Allocation

A total of 57,69,223 shares at a price of Rs 247 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 19, 2022
Anchor investor price₹247.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days28,84,612
No. of shares locked-in for 90 days28,84,612
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SBI INFRASTRUCTURE FUND SBI MUTUAL FUND 5,46,540 13.50 9.47 2.84
2 SBI CONSERVATIVE HYBRID FUND SBI MUTUAL FUND 5,46,540 13.50 9.47 2.84
3 SBI MULTI ASSET ALLOCATION FUND SBI MUTUAL FUND 5,46,540 13.50 9.47 2.84
4 SBI EQUITY SAVINGS FUND SBI MUTUAL FUND 5,46,600 13.50 9.47 2.84
5 SBI MAGNUM CHILDREN'S BENEFIT FUND SBI MUTUAL FUND 40,500 1.00 0.70 0.21
6 KOTAK BUSINESS CYCLE FUND KOTAK MAHINDRA MUTUAL FUND 4,04,820 10.00 7.02 2.11
7 KOTAK MANUFACTURE IN INDIA FUND KOTAK MAHINDRA MUTUAL FUND 2,02,440 5.00 3.51 1.05
8 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 2,02,440 5.00 3.51 1.05
9 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 8,09,700 20.00 14.03 4.21
10 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 6,07,260 15.00 10.53 3.16
11 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 4,04,880 10.00 7.02 2.11
12 PGIM INDIA SMALL CAP FUND PGIM INDIA MUTUAL FUND 3,44,160 8.50 5.97 1.79
13 PGIM INDIA AGGRESSIVE HYBRID EQUITY FUND PGIM INDIA MUTUAL FUND 60,720 1.50 1.05 0.32
14 KOTAK FUNDS-INDIA MIDCAP FUND KOTAK 3,03,643 7.50 5.26 1.58
15 SBI OPTIMAL EQUITY FUND-LONG TERM SBI 2,02,440 5.00 3.51 1.05
57,69,223142.5010030.00

IPO Subscription FAQs

The Elin Electronics IPO is subscribed 3.0943 times by Dec 22, 2022 19:00.

Elin Electronics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional4.5084
Non Institutional3.2915
Retail Individual2.2017
Total Subscription3.0943

Retail category of Elin Electronics IPO subscribed 2.2017 times as of date Dec 22, 2022 19:00. The public issue closes on Thu, Dec 22, 2022 for bidding.

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

The Elin Electronics IPO is subscribed 3.0943 times by Dec 22, 2022 19:00.

The Elin Electronics IPO allotment status is expected on or around Tuesday, December 27, 2022. Visit Elin Electronics IPO allotment status to check.

The Elin Electronics IPO listing date is December 30, 2022. The equity share of Elin Electronics IPO will list on BSE, NSE.

Visit Elin Electronics IPO subscription status page for real-time bidding information about Elin Electronics IPO.

Elin Electronics IPO Timetable

IPO opens OnTuesday, December 20, 2022
IPO Closes OnThursday, December 22, 2022
Finalisation of Basis of AllotmentTuesday, December 27, 2022
Initiation of RefundsWednesday, December 28, 2022
Credit of Shares to Demat AccountThursday, December 29, 2022
IPO Listing DateFriday, December 30, 2022
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