Prevest Denpro IPO Subscription Details

Bookbuilding IPO | ₹27 Cr | Listed at BSE SME | Wed, Sep 15, 2021 - Fri, Sep 17, 2021

Basis of Allotment - Prevest Denpro IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)6,01,6009,02,40015,04,0004,51,20010,52,80030,08,000
Allotment price (Rs.)848484848484
No.of applications72966920,83521,513
No.of shares applied27,98,4009,02,40037,00,8004,76,52,8003,33,36,0008,46,89,600
Amount collected (Rs.cr.)23.51 7.58 31.09 400.28 280.02 711.39
No.of times subscribed4.651.002.46105.6131.6628.15
No.of shares allotted6,01,6009,02,40015,04,0004,51,20010,52,80030,08,000
Amount (Rs.cr.)5.05 7.58 12.63 3.79 8.84 25.27
No.of allottees729161658828

IPO Shares Offered

Prevest Denpro IPO is a public issue of 0.30 Cr equity shares. The issue offers 0.11 Cr shares to retail investors, 0.15 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,60,0001.34 5.05%
QIB 15,04,00012.63 47.47%
    Anchor 9,02,400 7.58 28.48%
    QIB (Ex Anchor) 6,01,600 5.05 18.99%
NII 4,51,2003.79 14.24%
Retail10,52,8008.84 33.23%
Total31,68,00026.61 100%

Prevest Denpro IPO Anchor Investor Allocation

A total of 9,02,400 shares at a price of Rs 84 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 14, 2021
Anchor investor price₹84.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days4,51,200
No. of shares locked-in for 90 days4,51,200
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 MAVEN INDIA FUND MAVEN 4,51,200 3.79 50.00 14.24
2 NEXT ORBIT VENTURES FUND NEXT ORBIT 4,51,200 3.79 50.00 14.24
9,02,4007.5810028.48

IPO Subscription FAQs

The Prevest Denpro IPO is subscribed 28.7106 times by Sep 17, 2021 06:52.

Prevest Denpro IPO Subscription

Investor Category Subscription (times)
Qualified Institutional5.7819
Non Institutional106.9929
Retail Individual32.8723
Total Subscription28.7106

Retail category of Prevest Denpro IPO subscribed 32.8723 times as of date Sep 17, 2021 06:52. The public issue closes on Fri, Sep 17, 2021 for bidding.

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

The Prevest Denpro IPO is subscribed 28.7106 times by Sep 17, 2021 06:52.

The Prevest Denpro IPO allotment status is expected on or around Wednesday, September 22, 2021. Visit Prevest Denpro IPO allotment status to check.

The Prevest Denpro IPO listing date is September 27, 2021. The equity share of Prevest Denpro IPO will list on BSE SME.

Visit Prevest Denpro IPO subscription status page for real-time bidding information about Prevest Denpro IPO.

Prevest Denpro IPO Timetable

IPO opens OnWednesday, September 15, 2021
IPO Closes OnFriday, September 17, 2021
Finalisation of Basis of AllotmentWednesday, September 22, 2021
Initiation of RefundsThursday, September 23, 2021
Credit of Shares to Demat AccountFriday, September 24, 2021
IPO Listing DateMonday, September 27, 2021
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