IRB InvIT Fund InvIT Subscription Details

Bookbuilding InvIT | ₹5,033 Cr | Listed at BSE, NSE | Wed, May 3, 2017 - Fri, May 5, 2017

Basis of Allotment - IRB InvIT Fund InvIT

Category QIB NII Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)16,47,20,00020,53,40,00037,00,60,00012,33,60,00049,34,20,000
Allotment price (Rs.)102102102102102
No.of applications733210558,07058,175
No.of shares applied1,47,67,55,00020,62,63,0001,68,30,18,00060,70,05,0002,29,00,23,000
Amount collected (Rs.cr.)15,062.90 2,103.88 17,166.78 6,191.45 23,358.23
No.of times subscribed8.971.004.554.924.64
No.of shares allotted16,47,20,00020,53,40,00037,00,60,00012,33,60,00049,34,20,000
Amount (Rs.cr.)1,680.14 2,094.47 3,774.61 1,258.27 5,032.88
No.of allottees71289912,33612,435

InvIT Shares Offered

IRB InvIT Fund InvIT is a public issue of 49.34 Cr equity shares. The issue offers 0.00 Cr shares to retail investors, 37.01 Cr shares to qualified institutional buyers, and 12.34 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 37,00,60,0003,774.61 75.00%
    Anchor 20,53,40,000 2,094.47 41.62%
    QIB (Ex Anchor) 16,47,20,000 1,680.14 33.38%
NII 12,33,60,0001,258.27 25.00%
Total49,34,20,0005,032.88 100%

IRB InvIT Fund InvIT Anchor Investor Allocation

A total of 20,53,40,000 shares at a price of Rs 102 per share will be allotted to the anchor investors.

Anchor investors bid opening datenull
Anchor investor price₹102.00
Anchor investors as % of QIBs55.49%
No. of shares locked-in for 30 days10,26,70,000
No. of shares locked-in for 90 days10,26,70,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOVERNMENT OF SINGAPORE GOVERNMENT OF SINGAPORE 4,14,45,000 422.74 19.92 8.40
2 MONETARY AUTHORITY OF SINGAPORE MONETARY AUTHORITY OF SINGAPORE 1,51,20,000 154.22 7.27 3.06
3 PLATINUM INTERNATIONAL FUND PLATINUM 1,24,25,000 126.74 5.97 2.52
4 PLATINUM ASIA FUND PLATINUM 1,13,35,000 115.62 5.45 2.30
5 PLATINUM ASIA INVESTMENTS LTD. PLATINUM 15,50,000 15.81 0.75 0.31
6 PLATINUM UNHEDGED FUND PLATINUM 11,45,000 11.68 0.55 0.23
7 BNP PARIBAS ARBITRAGE BNP PARIBAS 2,51,35,000 256.38 12.08 5.09
8 ADITYA BIRLA SUN LIFE REGULAR SAVINGS FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 37,35,000 38.10 1.80 0.76
9 ADITYA BIRLA SUN LIFE BALANCED ADVANTAGE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 25,00,000 25.50 1.20 0.51
10 ADITYA BIRLA SUN LIFE EQUITY HYBRID '95 FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,47,75,000 150.71 7.10 2.99
11 SCHRODER ASIAN INCOME SCHRODER 46,25,000 47.18 2.22 0.94
12 SCHRODER ASIAN ASSET INCOME FUND SCHRODER 94,25,000 96.14 4.53 1.91
13 DEUTSCHE GLOBAL INFRASTRUCTURE FUND DEUTSCHE 1,09,95,000 112.15 5.29 2.23
14 FUTURE FUND BOARD OF GUARDIANS MANAGED BY RREEF AMERICA LLC FUTURE FUND BOARD OF GUARDIANS 47,10,000 48.04 2.26 0.95
15 DISCOVERY GLOBAL OPPORTUNITY (MAURITIUS),LTD. DISCOVERY GLOBAL 62,85,000 64.11 3.02 1.27
16 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 62,85,000 64.11 3.02 1.27
17 HDFC STANDARD LIFE INSURANCE CO.LTD. HDFC STANDARD LIFE INSURANCE 62,85,000 64.11 3.02 1.27
18 GMO EMERGING DOMESTIC OPPORTUNITIES FUND,A SERIES OF GMO TRUST GMO 50,35,000 51.36 2.42 1.02
19 GMO EMERGING MARKETS FUND,A SERIES OF GMO TRUST GMO 12,50,000 12.75 0.60 0.25
20 ARIA CO PTY.LTD. AS TRUSTEE FOR COMBINED INVESTMENTS FUND COMBINED INVESTMENTS FUND 39,85,000 40.65 1.92 0.81
21 MORGAN STANLEY FRANCE SA MORGAN STANLEY 35,80,000 36.52 1.72 0.73
22 FOREFRONT ALTERNATIVE INVESTMENT TRUST-FOREFRONT ALTERNATIVE EQUITY SCHEME FOREFRONT 31,40,000 32.03 1.51 0.64
23 BNP PARIBAS TRUST SERVICES SINGAPORE LTD.AS TRUSTEE OF FULLERTON ALPHA-RELATIVE RETURNS ASIA EX-JAPAN EQUITIES FUND FULLERTON 31,40,000 32.03 1.51 0.64
24 STANDARD LIFE INVESTMENT CO.(ICVC)-GLOBAL EMERGING MARKETS EQUITY INCOME FUND STANDARD LIFE 14,50,000 14.79 0.70 0.29
25 NATIONAL WESTMINSTER BANK PLC AS TRUSTEE OF THE JUPITER INDIA FUND JUPITER 10,20,000 10.40 0.49 0.21
26 PIONEER FUNDS-ASIA (EX-JAPAN) EQUITY PIONEER 10,05,000 10.25 0.48 0.20
27 DB INTERNATIONAL (ASIA) LTD. DB INTERNATIONAL (ASIA) LTD. 10,05,000 10.25 0.48 0.20
28 COLONIAL FIRST STATE INVESTMENTS LTD.AS RESPONSIBLE ENTITY FOR COMMONWEALTH ASIAN SHARE FUND 4 COLONIAL FIRST STATE 9,85,000 10.05 0.47 0.20
29 JUPITER SOUTH ASIA INVESTMENT CO.LTD.-SOUTH ASIA ACCESS FUND JUPITER 9,85,000 10.05 0.47 0.20
30 EXCEL FUNDS MAURITIUS CO.LTD. EXCEL FUNDS MAURITIUS 9,85,000 10.05 0.47 0.20
20,53,40,0002,094.479941.62

InvIT Subscription FAQs

The IRB InvIT Fund InvIT is subscribed 8.57 times by May 05, 2017 17:00.

IRB InvIT Fund InvIT Subscription

Investor Category Subscription (times)
Qualified Institutional10.81
Others5.89
Total Subscription8.57

Retail category of IRB InvIT Fund InvIT subscribed times as of date May 05, 2017 17:00. The public issue closes on Fri, May 5, 2017 for bidding.

An investor can apply in IRB InvIT Fund InvIT online via bank (using ASBA) or the broker (using UPI). The IRB InvIT Fund InvIT shares are offered online only.

The IRB InvIT Fund InvIT is subscribed 8.57 times by May 05, 2017 17:00.

The IRB InvIT Fund InvIT allotment status is expected on or around [.]. Visit IRB InvIT Fund InvIT allotment status to check.

The IRB InvIT Fund InvIT listing date is May 18, 2017. The equity share of IRB InvIT Fund InvIT will list on BSE, NSE.

Visit IRB InvIT Fund InvIT subscription status page for real-time bidding information about IRB InvIT Fund InvIT.

IRB InvIT Fund InvIT Timetable

IPO opens OnWednesday, May 3, 2017
IPO Closes OnFriday, May 5, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, May 18, 2017
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