Ramdevbaba Solvent IPO Subscription Details

Bookbuilding IPO | ₹50 Cr | Listed at NSE SME | Mon, Apr 15, 2024 - Thu, Apr 18, 2024

Basis of Allotment - Ramdevbaba Solvent IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)11,20,00016,80,00028,00,0008,40,00019,60,00056,00,000
Allotment price (Rs.)858585858585
No.of applications377449,10696,0351,05,185
No.of shares applied7,54,80,00016,80,0007,71,60,00026,25,68,00015,36,56,00049,33,84,000
Amount collected (Rs.cr.)641.58 14.28 655.86 2,231.83 1,306.08 4,193.76
No.of times subscribed67.391.0027.56312.5878.4088.10
No.of shares allotted11,20,00016,80,00028,00,0008,40,00019,60,00056,00,000
Amount (Rs.cr.)9.52 14.28 23.80 7.14 16.66 47.60
No.of allottees377444081,2251,677

IPO Shares Offered

Ramdevbaba Solvent IPO is a public issue of 0.56 Cr equity shares. The issue offers 0.20 Cr shares to retail investors, 0.28 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,13,6002.67 5.30%
QIB 28,00,00023.80 47.35%
    Anchor 16,80,000 14.28 28.41%
    QIB (Ex Anchor) 11,20,000 9.52 18.94%
NII* 8,40,0007.14 14.20%
Retail19,60,00016.66 33.14%
Total59,13,60050.27 100%

Ramdevbaba Solvent IPO Anchor Investor Allocation

A total of 16,80,000 shares at a price of Rs 85 per share will be allotted to the anchor investors.

Anchor investors bid opening dateApr 12, 2024
Anchor investor price₹85.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days8,40,000
No. of shares locked-in for 90 days8,40,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NAKSHATRA STRESSED ASSETS FUND NAKSHATRA 2,40,000 2.04 14.29 4.06
2 STEPTRADE REVOLUTION FUND STEPTRADE 2,36,800 2.01 14.10 4.00
3 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,36,800 2.01 14.10 4.00
4 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 1,37,600 1.17 8.19 2.33
5 MINERVA EMERGING OPPORTUNITIES FUND LTD. MINERVA 4,73,600 4.03 28.19 8.01
6 MILKY INVESTMENT & TRADING CO. MILKY INVESTMENT & TRADING 2,36,800 2.01 14.10 4.00
7 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 1,18,400 1.01 7.05 2.00
16,80,00014.2810028.41

IPO Subscription FAQs

The Ramdevbaba Solvent IPO is subscribed 126.21 times by Apr 18, 2024 19:29.

Ramdevbaba Solvent IPO Subscription

Investor Category Subscription (times)
Qualified Institutional65.95
Non Institutional314.46
Retail Individual79.96
Total Subscription126.21

Retail category of Ramdevbaba Solvent IPO subscribed 79.96 times as of date Apr 18, 2024 19:29. The public issue closes on Thu, Apr 18, 2024 for bidding.

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

The Ramdevbaba Solvent IPO is subscribed 126.21 times by Apr 18, 2024 19:29.

The Ramdevbaba Solvent IPO allotment status is expected on or around Friday, April 19, 2024. Visit Ramdevbaba Solvent IPO allotment status to check.

The Ramdevbaba Solvent IPO listing date is April 23, 2024. The equity share of Ramdevbaba Solvent IPO will list on NSE SME.

Visit Ramdevbaba Solvent IPO subscription status page for real-time bidding information about Ramdevbaba Solvent IPO.

Ramdevbaba Solvent IPO Timetable

IPO opens OnMonday, April 15, 2024
IPO Closes OnThursday, April 18, 2024
Finalisation of Basis of AllotmentFriday, April 19, 2024
Initiation of RefundsMonday, April 22, 2024
Credit of Shares to Demat AccountMonday, April 22, 2024
IPO Listing DateTuesday, April 23, 2024
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