Mahanagar Gas IPO Subscription Details

Bookbuilding IPO | ₹1,039 Cr | Listed at BSE, NSE | Tue, Jun 21, 2016 - Thu, Jun 23, 2016

Basis of Allotment - Mahanagar Gas IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)48,98,90073,48,3501,22,47,25036,74,17585,73,0752,00,0002,46,94,500
Allotment price (Rs.)421421421421421383421
No.of applications201442451,6379,58,5166289,61,026
No.of shares applied37,39,31,18073,48,60038,12,79,78066,52,94,0855,64,16,1502,30,1251,10,32,20,140
Amount collected (Rs.cr.)15,742.50 309.38 16,051.88 28,008.88 2,375.12 8.81 46,411.62
No.of times subscribed76.331.0031.13181.076.581.1544.67
No.of shares allotted48,98,90073,48,3501,22,47,25036,74,17585,73,0752,00,0002,46,94,500
Amount (Rs.cr.)206.24 309.37 515.61 154.68 360.93 7.66 1,038.88
No.of allottees200442448892,44,9454642,46,542

IPO Shares Offered

Mahanagar Gas IPO is a public issue of 2.47 Cr equity shares. The issue offers 0.86 Cr shares to retail investors, 1.22 Cr shares to qualified institutional buyers, and 0.37 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,22,47,250515.61 49.60%
    Anchor 73,48,350 309.37 29.76%
    QIB (Ex Anchor) 48,98,900 206.24 19.84%
NII 36,74,175154.68 14.88%
Retail85,73,075360.93 34.72%
Employee2,00,0008.42 0.81%
Total2,46,94,5001,039.64 100%

Mahanagar Gas IPO Anchor Investor Allocation

A total of 73,48,350 shares at a price of Rs 421 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 20, 2016
Anchor investor price₹421.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days36,74,175
No. of shares locked-in for 90 days36,74,175
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ALLARD GROWTH FUND ALLARD 2,44,965 10.31 3.33 0.99
2 BARODA BNP PARIBAS DIVIDEND YIELD FUND BARODA BNP PARIBAS MUTUAL FUND 65,870 2.77 0.90 0.27
3 BARODA BNP PARIBAS ELSS TAX SAVER FUND BARODA BNP PARIBAS MUTUAL FUND 1,44,690 6.09 1.97 0.59
4 BARODA BNP PARIBAS CONSERVATIVE HYBRID FUND BARODA BNP PARIBAS MUTUAL FUND 34,405 1.45 0.47 0.14
5 AMUNDI FUNDS EQUITY INDIA AMUNDI 2,44,965 10.31 3.33 0.99
6 DSP DUAL ADVANTAGE FUND-SERIES 19 DSP MUTUAL FUND 22,645 0.95 0.31 0.09
7 DSP DUAL ADVANTAGE FUND-SERIES 39 DSP MUTUAL FUND 5,880 0.25 0.08 0.02
8 DSP REGULAR SAVINGS FUND DSP MUTUAL FUND 1,26,035 5.31 1.72 0.51
9 DSP NATURAL RESOURCES & NEW ENERGY FUND DSP MUTUAL FUND 23,345 0.98 0.32 0.09
10 DSP EQUITY SAVINGS FUND DSP MUTUAL FUND 67,060 2.82 0.91 0.27
11 FIL INVESTMENTS (MAURITIUS) LTD. FIDELITY 2,44,965 10.31 3.33 0.99
12 FIRST STATE INDIAN SUBCONTINENT FUND FIRST STATE 2,44,965 10.31 3.33 0.99
13 LANSFORSAKRINGAR ASIENFOND LANSFORSAKRINGA 2,44,965 10.31 3.33 0.99
14 FRANKLIN TEMPLETON INVESTMENT FUNDS FRANKLIN TEMPLETON 2,44,965 10.31 3.33 0.99
15 FRANKLIN INDIA SMALLER COMPANIES FUND FRANKLIN TEMPLETON MUTUAL FUND 2,44,965 10.31 3.33 0.99
16 HDFC FOCUSED FUND HDFC MUTUAL FUND 89,845 3.78 1.22 0.36
17 HDFC EQUITY SAVINGS FUND HDFC MUTUAL FUND 89,845 3.78 1.22 0.36
18 HDFC RETIREMENT SAVINGS FUND HDFC MUTUAL FUND 3,535 0.15 0.05 0.01
19 HDFC RETIREMENT SAVINGS FUND HDFC MUTUAL FUND 42,735 1.80 0.58 0.17
20 HDFC RETIREMENT SAVINGS FUND HDFC MUTUAL FUND 19,005 0.80 0.26 0.08
21 SBI MAGNUM CHILDREN'S BENEFIT FUND SBI MUTUAL FUND 11,900 0.50 0.16 0.05
22 SBI PSU FUND SBI MUTUAL FUND 2,02,195 8.51 2.75 0.82
23 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 30,870 1.30 0.42 0.13
24 NATIONAL WESTMINSTER BANK PLC AS DEPOSITARY OF FIRST STATE ASIA PACIFIC SUSTAINABILITY FUND A SUB FUND OF FIRST STATE INVESTMENTS ICVC FIRST STATE 2,44,965 10.31 3.33 0.99
25 ABU DHABI INVESTMENT AUTHORITY-MERLION ABU DHABI INVESTMENT 2,44,965 10.31 3.33 0.99
26 ADITYA BIRLA SUN LIFE DIVIDEND YIELD FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,66,285 7.00 2.26 0.67
27 ADITYA BIRLA SUN LIFE EMERGING LEADERS FUND-SERIES 3 ADITYA BIRLA SUN LIFE MUTUAL FUND 50,785 2.14 0.69 0.21
28 ADITYA BIRLA SUN LIFE EMERGING LEADERS FUND-SERIES 4 ADITYA BIRLA SUN LIFE MUTUAL FUND 27,895 1.17 0.38 0.11
29 EASTSPRING INVESTMENTS-INDIA EQUITY OPEN LTD. EASTSPRING 2,44,965 10.31 3.33 0.99
30 ICICI PRUDENTIAL DIVIDEND YIELD EQUITY FUND ICICI PRUDENTIAL MUTUAL FUND 2,44,965 10.31 3.33 0.99
31 KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND KOTAK MAHINDRA MUTUAL FUND 71,295 3.00 0.97 0.29
32 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 1,73,670 7.31 2.36 0.70
33 BNP PARIBAS ARBITRAGE BNP PARIBAS 2,44,965 10.31 3.33 0.99
34 NIPPON INDIA AGGRESSIVE HYBRID FUND NIPPON INDIA MUTUAL FUND 2,44,965 10.31 3.33 0.99
35 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 2,44,965 10.31 3.33 0.99
36 SUNDARAM SMALL CAP FUND SUNDARAM MUTUAL FUND 1,26,245 5.31 1.72 0.51
37 SUNDARAM LARGE & MID CAP FUND SUNDARAM MUTUAL FUND 47,495 2.00 0.65 0.19
38 SUNDARAM AGGRESSIVE HYBRID FUND SUNDARAM MUTUAL FUND 47,495 2.00 0.65 0.19
39 SUNDARAM MONTHLY INCOME PLAN SUNDARAM MUTUAL FUND 23,730 1.00 0.32 0.10
40 UTI DIVIDEND YIELD FUND UTI MUTUAL FUND 1,71,465 7.22 2.33 0.69
41 UTI INFRASTRUCTURE FUND UTI MUTUAL FUND 73,500 3.09 1.00 0.30
42 MORGAN STANLEY MAURITIUS CO.LTD. MORGAN STANLEY 9,32,307 39.25 12.69 3.78
43 MERRILL LYNCH CAPITAL MARKETS ESPANA SA,SV MERRILL LYNCH 3,90,924 16.46 5.32 1.58
44 DB INTERNATIONAL (ASIA) LTD. DB INTERNATIONAL (ASIA) LTD. 6,35,889 26.77 8.65 2.58
73,48,350309.3710029.76

IPO Subscription FAQs

The Mahanagar Gas IPO is subscribed 64.5416392110065 times by Jun 23, 2016 23:00.

Mahanagar Gas IPO Subscription

Investor Category Subscription (times)
Qualified Institutional72.8400018371471
Non Institutional191.610004967101
Retail Individual6.82000040825491
Employee Reservations1.180025
Total Subscription64.5416392110065

Retail category of Mahanagar Gas IPO subscribed 6.82000040825491 times as of date Jun 23, 2016 23:00. The public issue closes on Thu, Jun 23, 2016 for bidding.

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

The Mahanagar Gas IPO is subscribed 64.5416392110065 times by Jun 23, 2016 23:00.

The Mahanagar Gas IPO allotment status is expected on or around [.]. Visit Mahanagar Gas IPO allotment status to check.

The Mahanagar Gas IPO listing date is July 1, 2016. The equity share of Mahanagar Gas IPO will list on BSE, NSE.

Visit Mahanagar Gas IPO subscription status page for real-time bidding information about Mahanagar Gas IPO.

Mahanagar Gas IPO Timetable

IPO opens OnTuesday, June 21, 2016
IPO Closes OnThursday, June 23, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, July 1, 2016
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