Nitesh Estates IPO Subscription Details

Bookbuilding IPO | ₹405 Cr | Listed at BSE, NSE | Fri, Apr 23, 2010 - Tue, Apr 27, 2010

Basis of Allotment - Nitesh Estates IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,66,51,8001,08,48,2003,75,00,0001,12,50,0002,62,50,0007,50,00,000
Allotment price (Rs.)545454545454
No.of applications37542358,8418,918
No.of shares applied6,77,67,0001,29,63,1008,07,30,10010,18,90037,26,5628,54,75,562
Amount collected (Rs.cr.)365.94 70.00 435.94 5.50 20.12 461.57
No.of times subscribed2.541.192.150.090.141.14
No.of shares allotted5,94,56,5001,08,48,2007,03,04,70010,18,90036,76,4007,50,00,000
Amount (Rs.cr.)321.07 58.58 379.65 5.50 19.85 405.00
No.of allottees055358,7508,790

IPO Shares Offered

Nitesh Estates IPO is a public issue of 7.50 Cr equity shares. The issue offers 2.63 Cr shares to retail investors, 3.75 Cr shares to qualified institutional buyers, and 1.13 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 3,75,00,000202.50 50.00%
    Anchor 1,08,48,200 58.58 14.46%
    QIB (Ex Anchor) 2,66,51,800 143.92 35.54%
NII 1,12,50,00060.75 15.00%
Retail2,62,50,000141.75 35.00%
Total7,50,00,000405.00 100%

Nitesh Estates IPO Anchor Investor Allocation

A total of 1,08,48,200 shares at a price of Rs 54 per share will be allotted to the anchor investors.

Anchor investors bid opening dateApr 22, 2010
Anchor investor price₹54.00
Anchor investors as % of QIBs28.93%
No. of shares locked-in for 30 days54,24,100
No. of shares locked-in for 90 days54,24,100
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HSBC BANK (MAURITIUS) LTD. HSBC 36,16,100 19.53 33.33 4.82
2 NOMURA INDIA INVESTMENT FUND MOTHER FUND NOMURA 36,16,000 19.53 33.33 4.82
3 SBI TAX ADVANTAGE FUND-SERIES 1 SBI MUTUAL FUND 9,04,100 4.88 8.33 1.21
4 SBI FLEXICAP FUND SBI MUTUAL FUND 9,04,000 4.88 8.33 1.21
5 HDFC HYBRID DEBT FUND HDFC MUTUAL FUND 18,08,000 9.76 16.67 2.41
1,08,48,20058.5810014.46

IPO Subscription FAQs

The Nitesh Estates IPO is subscribed 0.9933 times by Apr 27, 2010 17:00.

Nitesh Estates IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.5427
Non Institutional0.2237
Retail Individual0.1604
Total Subscription0.9933

Retail category of Nitesh Estates IPO subscribed 0.1604 times as of date Apr 27, 2010 17:00. The public issue closes on Tue, Apr 27, 2010 for bidding.

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

The Nitesh Estates IPO is subscribed 0.9933 times by Apr 27, 2010 17:00.

The Nitesh Estates IPO allotment status is expected on or around [.]. Visit Nitesh Estates IPO allotment status to check.

The Nitesh Estates IPO listing date is May 13, 2010. The equity share of Nitesh Estates IPO will list on BSE, NSE.

Visit Nitesh Estates IPO subscription status page for real-time bidding information about Nitesh Estates IPO.

Nitesh Estates IPO Timetable

IPO opens OnFriday, April 23, 2010
IPO Closes OnTuesday, April 27, 2010
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, May 13, 2010
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