Krishca Strapping Solutions IPO Subscription Details

Bookbuilding IPO | ₹18 Cr | Listed at NSE SME | Tue, May 16, 2023 - Fri, May 19, 2023

Basis of Allotment - Krishca Strapping Solutions IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)6,04,0009,04,00015,08,0004,54,00010,58,00030,20,000
Allotment price (Rs.)545454545454
No.of applications312339,2252,36,1292,45,387
No.of shares applied3,83,40,0009,04,0003,92,44,00028,75,24,00047,22,58,00079,90,26,000
Amount collected (Rs.cr.)207.04 4.88 211.92 1,552.63 2,550.19 4,314.74
No.of times subscribed63.481.0026.02633.31446.37264.58
No.of shares allotted6,04,0009,04,00015,08,0004,54,00010,58,00030,20,000
Amount (Rs.cr.)3.26 4.88 8.14 2.45 5.71 16.31
No.of allottees31233217529779

IPO Shares Offered

Krishca Strapping Solutions IPO is a public issue of 0.30 Cr equity shares. The issue offers 0.11 Cr shares to retail investors, 0.15 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,00,0001.62 9.04%
QIB 15,08,0008.14 45.42%
    Anchor 9,04,000 4.88 27.23%
    QIB (Ex Anchor) 6,04,000 3.26 18.19%
NII 4,54,0002.45 13.67%
Retail10,58,0005.71 31.87%
Total33,20,00017.93 100%

Krishca Strapping Solutions IPO Anchor Investor Allocation

A total of 9,04,000 shares at a price of Rs 54 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 15, 2023
Anchor investor price₹54.00
Anchor investors as % of QIBs59.95%
No. of shares locked-in for 30 days4,52,000
No. of shares locked-in for 90 days4,52,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 7,18,000 3.88 79.42 21.63
2 SAINT CAPITAL FUND SAINT CAPITAL 1,86,000 1.00 20.58 5.60
9,04,0004.8810027.23

IPO Subscription FAQs

The Krishca Strapping Solutions IPO is subscribed 336.57 times by May 19, 2023 19:29.

Krishca Strapping Solutions IPO Subscription

Investor Category Subscription (times)
Qualified Institutional36.1
Non Institutional786.89
Retail Individual572.83
Total Subscription336.57

Retail category of Krishca Strapping Solutions IPO subscribed 572.83 times as of date May 19, 2023 19:29. The public issue closes on Fri, May 19, 2023 for bidding.

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

The Krishca Strapping Solutions IPO is subscribed 336.57 times by May 19, 2023 19:29.

The Krishca Strapping Solutions IPO allotment status is expected on or around Wednesday, May 24, 2023. Visit Krishca Strapping Solutions IPO allotment status to check.

The Krishca Strapping Solutions IPO listing date is May 26, 2023. The equity share of Krishca Strapping Solutions IPO will list on NSE SME.

Visit Krishca Strapping Solutions IPO subscription status page for real-time bidding information about Krishca Strapping Solutions IPO.

Krishca Strapping Solutions IPO Timetable

IPO opens OnTuesday, May 16, 2023
IPO Closes OnFriday, May 19, 2023
Finalisation of Basis of AllotmentWednesday, May 24, 2023
Initiation of RefundsThursday, May 25, 2023
Credit of Shares to Demat AccountFriday, May 26, 2023
IPO Listing DateFriday, May 26, 2023
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