Power Mech Projects IPO Subscription Details

Bookbuilding IPO | ₹273 Cr | Listed at BSE, NSE | Fri, Aug 7, 2015 - Tue, Aug 11, 2015

Basis of Allotment - Power Mech Projects IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,53,80012,80,70021,34,5006,40,35014,94,15042,69,000
Allotment price (Rs.)640640640640640640
No.of applications5310631441,98,1021,98,309
No.of shares applied2,34,99,76017,73,1802,52,72,9408,15,90,66049,76,38011,18,39,980
Amount collected (Rs.cr.)1,503.98 113.48 1,617.47 5,221.80 318.49 7,157.76
No.of times subscribed27.521.3811.84127.423.3326.20
No.of shares allotted8,53,80012,80,70021,34,5006,40,35014,94,15042,69,000
Amount (Rs.cr.)54.64 81.96 136.61 40.98 95.63 273.22
No.of allottees5275913074,70774,896

IPO Shares Offered

Power Mech Projects IPO is a public issue of 0.43 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 21,34,500136.61 50.00%
    Anchor 12,80,700 81.96 30.00%
    QIB (Ex Anchor) 8,53,800 54.64 20.00%
NII 6,40,35040.98 15.00%
Retail14,94,15095.63 35.00%
Total42,69,000273.22 100%

Power Mech Projects IPO Anchor Investor Allocation

A total of 12,80,700 shares at a price of Rs 640 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 06, 2015
Anchor investor price₹640.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days6,40,350
No. of shares locked-in for 90 days6,40,350
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 DSP INDIA T.I.G.E.R.FUND DSP MUTUAL FUND 2,18,615 13.99 17.07 5.12
2 SBI FLEXICAP FUND SBI MUTUAL FUND 35,259 2.26 2.75 0.83
3 SBI SMALL CAP FUND SBI MUTUAL FUND 1,83,356 11.73 14.32 4.30
4 HSBC BUSINESS CYCLES FUND HSBC MUTUAL FUND 62,540 4.00 4.88 1.46
5 HSBC VALUE FUND HSBC MUTUAL FUND 15,600 1.00 1.22 0.37
6 MORGAN STANLEY MAURITIUS CO.LTD. MORGAN STANLEY 1,40,495 8.99 10.97 3.29
7 HDFC VALUE FUND HDFC MUTUAL FUND 54,680 3.50 4.27 1.28
8 HDFC SMALL CAP FUND HDFC MUTUAL FUND 54,680 3.50 4.27 1.28
9 TATA AIA LIFE INSURANCE CO.LTD.-WHOLE LIFE MID CAP EQUITY FUND-ULIF 009 04/01/07 WLE 110 TATA AIA LIFE INSURANCE 1,09,360 7.00 8.54 2.56
10 BANDHAN FLEXI CAP FUND BANDHAN MUTUAL FUND 4,06,115 25.99 31.71 9.51
12,80,70081.9610030.00

IPO Subscription FAQs

The Power Mech Projects IPO is subscribed 38.1228658434561 times by Aug 11, 2015 17:40.

Power Mech Projects IPO Subscription

Investor Category Subscription (times)
Qualified Institutional27.5300070274069
Non Institutional133.220020301398
Retail Individual3.42000468493792
Total Subscription38.1228658434561

Retail category of Power Mech Projects IPO subscribed 3.42000468493792 times as of date Aug 11, 2015 17:40. The public issue closes on Tue, Aug 11, 2015 for bidding.

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

The Power Mech Projects IPO is subscribed 38.1228658434561 times by Aug 11, 2015 17:40.

The Power Mech Projects IPO allotment status is expected on or around [.]. Visit Power Mech Projects IPO allotment status to check.

The Power Mech Projects IPO listing date is August 26, 2015. The equity share of Power Mech Projects IPO will list on BSE, NSE.

Visit Power Mech Projects IPO subscription status page for real-time bidding information about Power Mech Projects IPO.

Power Mech Projects IPO Timetable

IPO opens OnFriday, August 7, 2015
IPO Closes OnTuesday, August 11, 2015
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, August 26, 2015
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