Plaza Wires IPO Subscription Details

Bookbuilding IPO | ₹71 Cr | Listed at BSE, NSE | Fri, Sep 29, 2023 - Thu, Oct 5, 2023

Basis of Allotment - Plaza Wires IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)61,96,21337,04,04499,00,2576,60,09113,19,90519,79,99613,19,9051,32,00,158
Allotment price (Rs.)5454545454545454
No.of applications5826072,01324,13996,15213,68,53014,64,742
No.of shares applied25,56,62,13637,04,04425,93,66,18029,01,11,51847,66,41,37976,67,52,89747,52,14,5521,50,13,33,629
Amount collected (Rs.cr.)1,380.58 20.00 1,400.58 1,566.60 2,573.86 4,140.47 2,566.16 8,107.20
No.of times subscribed41.261.0026.20439.50361.12387.25360.04113.74
No.of shares allotted61,96,21337,04,04499,00,2576,60,09113,19,90519,79,99613,19,9051,32,00,158
Amount (Rs.cr.)33.46 20.00 53.46 3.56 7.13 10.69 7.13 71.28
No.of allottees582601703405104,7655,335

IPO Shares Offered

Plaza Wires IPO is a public issue of 1.32 Cr equity shares. The issue offers 0.13 Cr shares to retail investors, 0.99 Cr shares to qualified institutional buyers, and 0.20 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 99,00,25753.46 75.00%
    Anchor 37,04,044 20.00 28.06%
    QIB (Ex Anchor) 61,96,213 33.46 46.94%
NII 19,79,99610.69 15.00%
    bNII (> ₹10L)13,19,9057.13 10.00%
    sNII (< ₹10L)6,60,0913.56 5.00%
Retail13,19,9057.13 10.00%
Total1,32,00,15871.28 100%

Plaza Wires IPO Anchor Investor Allocation

A total of 37,04,044 shares at a price of Rs 54 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 27, 2023
Anchor investor price₹54.00
Anchor investors as % of QIBs37.41%
No. of shares locked-in for 30 days18,52,022
No. of shares locked-in for 90 days18,52,022
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHANAKYA OPPORTUNITIES FUND I CHANAKYA 18,52,022 10.00 50.00 14.03
2 ASTORNE CAPITAL VCC-ARVEN ASTORNE CAPITAL 18,52,022 10.00 50.00 14.03
37,04,04420.0010028.06

IPO Subscription FAQs

The Plaza Wires IPO is subscribed 160.97 times by Oct 05, 2023 19:02.

Plaza Wires IPO Subscription

Investor Category Subscription (times)
Qualified Institutional42.84
Non Institutional388.09
Retail Individual374.81
Total Subscription160.97

Retail category of Plaza Wires IPO subscribed 374.81 times as of date Oct 05, 2023 19:02. The public issue closes on Thu, Oct 5, 2023 for bidding.

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

The Plaza Wires IPO is subscribed 160.97 times by Oct 05, 2023 19:02.

The Plaza Wires IPO allotment status is expected on or around Monday, October 9, 2023. Visit Plaza Wires IPO allotment status to check.

The Plaza Wires IPO listing date is October 12, 2023. The equity share of Plaza Wires IPO will list on BSE, NSE.

Visit Plaza Wires IPO subscription status page for real-time bidding information about Plaza Wires IPO.

Plaza Wires IPO Timetable

IPO opens OnFriday, September 29, 2023
IPO Closes OnThursday, October 5, 2023
Finalisation of Basis of AllotmentMonday, October 9, 2023
Initiation of RefundsWednesday, October 11, 2023
Credit of Shares to Demat AccountThursday, October 12, 2023
IPO Listing DateThursday, October 12, 2023
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