Inox India IPO Subscription Details

Bookbuilding IPO | ₹1,459 Cr | Listed at BSE, NSE | Thu, Dec 14, 2023 - Mon, Dec 18, 2023

Basis of Allotment - Inox India IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)44,22,19166,33,2851,10,55,47611,05,54822,11,09633,16,64477,38,8352,21,10,955
Allotment price (Rs.)660660660660660660660660
No.of applications178412191,51,43076,8752,28,30537,34,03839,62,562
No.of shares applied65,18,59,47268,06,99865,86,66,4705,05,96,28212,43,10,25217,49,06,53411,36,29,12094,72,02,124
Amount collected (Rs.cr.)43,022.73 449.26 43,471.99 3,339.35 8,204.48 11,543.83 7,499.52 62,515.34
No.of times subscribed147.411.0359.5845.7756.2252.7414.6842.84
No.of shares allotted44,22,19166,33,2851,10,55,47611,05,54822,11,09633,16,64477,38,8352,21,10,955
Amount (Rs.cr.)291.86 437.80 729.66 72.97 145.93 218.90 510.76 1,459.32
No.of allottees178412193,5897,17810,7673,51,7653,62,751

IPO Shares Offered

Inox India IPO is a public issue of 2.21 Cr equity shares. The issue offers 0.77 Cr shares to retail investors, 1.11 Cr shares to qualified institutional buyers, and 0.33 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,10,55,476729.66 50.00%
    Anchor 66,33,285 437.80 30.00%
    QIB (Ex Anchor) 44,22,191 291.86 20.00%
NII 33,16,644218.90 15.00%
    bNII (> ₹10L)22,11,096145.93 10.00%
    sNII (< ₹10L)11,05,54872.97 5.00%
Retail77,38,835510.76 35.00%
Total2,21,10,9551,459.32 100%

Inox India IPO Anchor Investor Allocation

A total of 66,33,285 shares at a price of Rs 660 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 13, 2023
Anchor investor price₹660.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days33,16,643
No. of shares locked-in for 90 days33,16,643
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 1,81,808 12.00 2.74 0.82
2 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 1,66,672 11.00 2.51 0.75
3 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 15,158 1.00 0.23 0.07
4 ICICI PRUDENTIAL INFRASTRUCTURE FUND ICICI PRUDENTIAL MUTUAL FUND 1,21,198 8.00 1.83 0.55
5 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 1,21,198 8.00 1.83 0.55
6 ICICI PRUDENTIAL ELSS TAX SAVER FUND ICICI PRUDENTIAL MUTUAL FUND 1,21,242 8.00 1.83 0.55
7 HDFC HYBRID EQUITY FUND HDFC MUTUAL FUND 72,732 4.80 1.10 0.33
8 HDFC DIVIDEND YIELD FUND HDFC MUTUAL FUND 72,732 4.80 1.10 0.33
9 HDFC BUSINESS CYCLE FUND HDFC MUTUAL FUND 72,732 4.80 1.10 0.33
10 HDFC DEFENCE FUND HDFC MUTUAL FUND 72,732 4.80 1.10 0.33
11 HDFC INFRASTRUCTURE FUND HDFC MUTUAL FUND 72,710 4.80 1.10 0.33
12 FIDELITY FUNDS-INDIA FOCUS FUND FIDELITY 3,63,638 24.00 5.48 1.64
13 ABU DHABI INVESTMENT AUTHORITY-STABLE ABU DHABI INVESTMENT 3,63,638 24.00 5.48 1.64
14 NOMURA TRUST & BANKING CO.LTD.,THE AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND NOMURA 3,63,638 24.00 5.48 1.64
15 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 3,63,638 24.00 5.48 1.64
16 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND ASHOKA WHITEOAK 3,63,638 24.00 5.48 1.64
17 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 2,64,616 17.46 3.99 1.20
18 NIPPON INDIA ELSS TAX SAVER FUND NIPPON INDIA MUTUAL FUND 49,522 3.27 0.75 0.22
19 NIPPON INDIA BALANCED ADVANTAGE FUND NIPPON INDIA MUTUAL FUND 49,500 3.27 0.75 0.22
20 KOTAK BUSINESS CYCLE FUND KOTAK MAHINDRA MUTUAL FUND 3,63,638 24.00 5.48 1.64
21 AXIS RETIREMENT FUND-AGGRESSIVE PLAN AXIS MUTUAL FUND 90,904 6.00 1.37 0.41
22 AXIS EQUITY SAVINGS FUND AXIS MUTUAL FUND 90,904 6.00 1.37 0.41
23 AXIS BUSINESS CYCLES FUND AXIS MUTUAL FUND 1,81,830 12.00 2.74 0.82
24 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,51,514 10.00 2.28 0.69
25 ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA ADITYA BIRLA SUN LIFE MUTUAL FUND 1,06,062 7.00 1.60 0.48
26 ADITYA BIRLA SUN LIFE INFRASTRUCTURE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,06,062 7.00 1.60 0.48
27 EASTSPRING INVESTMENTS-INDIA INFRASTRUCTURE EQUITY OPEN LTD. EASTSPRING 2,04,556 13.50 3.08 0.93
28 CARMIGNAC PORTFOLIO CARMIGNAC 2,04,556 13.50 3.08 0.93
29 HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES HSBC 2,04,556 13.50 3.08 0.93
30 VOLRADO VENTURE PARTNERS FUND II VOLRADO 2,00,750 13.25 3.03 0.91
31 DSP INDIA T.I.G.E.R.FUND DSP MUTUAL FUND 2,04,556 13.50 3.08 0.93
32 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 2,04,556 13.50 3.08 0.93
33 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 2,04,556 13.50 3.08 0.93
34 CANARA ROBECO FOCUSED FUND CANARA ROBECO MUTUAL FUND 2,04,556 13.50 3.08 0.93
35 SUNDARAM SMALL CAP FUND SUNDARAM MUTUAL FUND 1,53,406 10.12 2.31 0.69
36 SUNDARAM INFRASTRUCTURE ADVANTAGE FUND SUNDARAM MUTUAL FUND 51,150 3.38 0.77 0.23
37 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 1,10,963 7.32 1.67 0.50
38 UTI INFRASTRUCTURE FUND UTI MUTUAL FUND 32,141 2.12 0.48 0.15
39 UTI SMALL CAP FUND UTI MUTUAL FUND 75,015 4.95 1.13 0.34
40 TATA INFRASTRUCTURE FUND TATA MUTUAL FUND 1,07,156 7.07 1.62 0.48
41 3P INDIA EQUITY FUND I 3P INDIA 1,07,156 7.07 1.62 0.48
66,33,285437.8010030.00

IPO Subscription FAQs

The Inox India IPO is subscribed 61.28 times by Dec 18, 2023 18:40.

Inox India IPO Subscription

Investor Category Subscription (times)
Qualified Institutional147.8
Non Institutional53.2
Retail Individual15.3
Total Subscription61.28

Retail category of Inox India IPO subscribed 15.3 times as of date Dec 18, 2023 18:40. The public issue closes on Mon, Dec 18, 2023 for bidding.

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

The Inox India IPO is subscribed 61.28 times by Dec 18, 2023 18:40.

The Inox India IPO allotment status is expected on or around Tuesday, December 19, 2023. Visit Inox India IPO allotment status to check.

The Inox India IPO listing date is December 21, 2023. The equity share of Inox India IPO will list on BSE, NSE.

Visit Inox India IPO subscription status page for real-time bidding information about Inox India IPO.

Inox India IPO Timetable

IPO opens OnThursday, December 14, 2023
IPO Closes OnMonday, December 18, 2023
Finalisation of Basis of AllotmentTuesday, December 19, 2023
Initiation of RefundsWednesday, December 20, 2023
Credit of Shares to Demat AccountWednesday, December 20, 2023
IPO Listing DateThursday, December 21, 2023
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