Parag Milk Foods IPO Subscription Details

Bookbuilding IPO | ₹751 Cr | Listed at BSE, NSE | Wed, May 4, 2016 - Wed, May 11, 2016

Basis of Allotment - Parag Milk Foods IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)1,03,74,7521,51,03,9352,54,78,68750,95,73533,97,1553,00,0003,42,71,577
Allotment price (Rs.)215227215215203203219
No.of applications2122436681,09540181,605
No.of shares applied1,22,66,9301,68,41,4352,91,08,3651,47,20,94068,43,3302,84,5055,09,57,140
Amount collected (Rs.cr.)263.74 382.30 625.83 316.50 138.92 5.78 1,115.96
No.of times subscribed1.181.121.142.892.010.951.49
No.of shares allotted1,03,86,1391,51,03,9352,54,90,07450,98,01433,98,6752,84,5053,42,71,268
Amount (Rs.cr.)223.30 342.86 548.04 109.61 68.99 5.78 750.54
No.of allottees2122436652,28740152,797

IPO Shares Offered

Parag Milk Foods IPO is a public issue of 3.43 Cr equity shares. The issue offers 0.34 Cr shares to retail investors, 2.55 Cr shares to qualified institutional buyers, and 0.51 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,54,78,687547.79 74.34%
    Anchor 1,51,03,935 324.73 44.07%
    QIB (Ex Anchor) 1,03,74,752 223.06 30.27%
NII 50,95,735109.56 14.87%
Retail33,97,15573.04 9.91%
Employee3,00,0006.45 0.88%
Total3,42,71,577736.84 100%

Parag Milk Foods IPO Anchor Investor Allocation

A total of 1,51,03,935 shares at a price of Rs 215 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 03, 2016
Anchor investor price₹227.00
Anchor investors as % of QIBs59.28%
No. of shares locked-in for 30 days75,51,968
No. of shares locked-in for 90 days75,51,968
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ABU DHABI INVESTMENT AUTHORITY-BEHAVE ABU DHABI INVESTMENT 14,23,825 32.32 9.43 4.15
2 ALBERTA TEACHERS RETIREMENT FUND BOARD ALBERTA 3,16,495 7.18 2.10 0.92
3 COPTHALL MAURITIUS INVESTMENT LTD. COPTHALL 9,13,516 20.74 6.05 2.67
4 GOVERNMENT PENSION FUND GLOBAL GOVERNMENT PENSION FUND GLOBAL 14,21,095 32.26 9.41 4.15
5 HOSTPLUS POOLED SUPERANNUATION TRUST NEUBERGER AUSTRALIA PTY.LTD. HOSTPLUS 3,30,896 7.51 2.19 0.97
6 INDUS INDIA FUND (MAURITIUS) LTD. INDUS 2,20,300 5.00 1.46 0.64
7 JANA EMERGING MARKETS SHARE TRUST JANA EMERGING MARKETS 2,40,972 5.47 1.60 0.70
8 MORGAN STANLEY MAURITIUS CO.LTD. MORGAN STANLEY 14,04,195 31.88 9.30 4.10
9 NEUBERGER BERMAN EMERGING MARKET STRATEGY NEUBERGER BERMAN 3,05,679 6.94 2.02 0.89
10 NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND NEUBERGER BERMAN 5,61,055 12.74 3.71 1.64
11 NOMURA INDIA INVESTMENT FUND MOTHER FUND NOMURA 22,02,655 50.00 14.58 6.43
12 QUANTUM (M) LTD. QUANTUM 8,44,480 19.17 5.59 2.46
13 SEI EMERGING MARKETS EQUITY FUND,THE SEI 2,73,357 6.21 1.81 0.80
14 SEI INSTITUTIONAL INTERNATIONAL TRUST-EMERGING MARKETS EQUITY FUND MANAGED BY NEUBERGER BERMAN INVESTMENT ADVISERS LLC SEI INSTITUTIONAL 4,60,375 10.45 3.05 1.34
15 HONEYWELL INTERNATIONAL INC.MASTER RETIREMENT TRUST,THE HONEYWELL 2,20,300 5.00 1.46 0.64
16 NOMURA TRUST & BANKING CO.LTD.,THE AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND NOMURA 4,40,570 10.00 2.92 1.29
17 TATA AGGRESSIVE HYBRID FUND TATA MUTUAL FUND 19,21,270 43.61 12.72 5.61
18 TATA LARGE & MID CAP FUND TATA MUTUAL FUND 5,07,065 11.51 3.36 1.48
19 TATA INDIA CONSUMER FUND TATA MUTUAL FUND 28,015 0.64 0.19 0.08
20 TATA OFFSHORE INDIA OPPORTUNITIES SCHEME TATA 6,94,265 15.76 4.60 2.03
21 TATA MID CAP FUND TATA MUTUAL FUND 2,40,500 5.46 1.59 0.70
22 TATA ELSS FUND TATA MUTUAL FUND 1,33,055 3.02 0.88 0.39
1,51,03,935342.8610044.07

IPO Subscription FAQs

The Parag Milk Foods IPO is subscribed 1.026 times by May 11, 2016 17:00.

Parag Milk Foods IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.1515
Non Institutional3.0816
Retail Individual2.1211
Employee Reservations1.0201
Total Subscription1.026

Retail category of Parag Milk Foods IPO subscribed 2.1211 times as of date May 11, 2016 17:00. The public issue closes on Wed, May 11, 2016 for bidding.

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

The Parag Milk Foods IPO is subscribed 1.026 times by May 11, 2016 17:00.

The Parag Milk Foods IPO allotment status is expected on or around [.]. Visit Parag Milk Foods IPO allotment status to check.

The Parag Milk Foods IPO listing date is May 19, 2016. The equity share of Parag Milk Foods IPO will list on BSE, NSE.

Visit Parag Milk Foods IPO subscription status page for real-time bidding information about Parag Milk Foods IPO.

Parag Milk Foods IPO Timetable

IPO opens OnWednesday, May 4, 2016
IPO Closes OnWednesday, May 11, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, May 19, 2016
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