Sterling & Wilson IPO Subscription Details

Bookbuilding IPO | ₹2,850 Cr | Listed at BSE, NSE | Tue, Aug 6, 2019 - Thu, Aug 8, 2019

Basis of Allotment - Sterling & Wilson IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)1,23,32,2731,80,28,8463,03,61,11954,05,74711,68,2913,69,35,157
Allotment price (Rs.)780780780780780780
No.of applications50277714736,09636,320
No.of shares applied1,23,32,0071,80,28,8533,03,60,86050,86,05310,88,6433,65,35,556
Amount collected (Rs.cr.)961.90 1,406.25 2,368.15 396.71 84.91 2,849.77
No.of times subscribed1.001.001.000.940.930.99
No.of shares allotted1,23,32,0071,80,28,8463,03,60,85350,84,32410,88,6433,65,33,820
Amount (Rs.cr.)961.90 1,406.25 2,368.15 396.58 84.91 2,849.64
No.of allottees50277714236,09636,315

IPO Shares Offered

Sterling & Wilson IPO is a public issue of 3.69 Cr equity shares. The issue offers 0.12 Cr shares to retail investors, 3.04 Cr shares to qualified institutional buyers, and 0.54 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 3,03,61,1192,368.17 82.20%
    Anchor 1,80,28,846 1,406.25 48.81%
    QIB (Ex Anchor) 1,23,32,273 961.92 33.39%
NII 54,05,747421.65 14.64%
Retail11,68,29191.13 3.16%
Total3,69,35,1572,880.94 100%

Sterling & Wilson IPO Anchor Investor Allocation

A total of 1,80,28,846 shares at a price of Rs 780 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 05, 2019
Anchor investor price₹780.00
Anchor investors as % of QIBs59.38%
No. of shares locked-in for 30 days90,14,423
No. of shares locked-in for 90 days90,14,423
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NOMURA INDIA INVESTMENT FUND MOTHER FUND NOMURA 28,84,618 225.00 16.00 7.90
2 SCHRODER INTERNATIONAL SELECTION FUND-EMERGING ASIA SCHRODER 18,50,733 144.36 10.27 5.07
3 SCHRODER INTERNATIONAL SELECTION FUND-INDIAN EQUITY SCHRODER 3,54,407 27.64 1.97 0.97
4 ABU DHABI INVESTMENT AUTHORITY-BEHAVE ABU DHABI INVESTMENT 15,89,749 124.00 8.82 4.35
5 FIDELITY FUNDS-INDIA FOCUS FUND FIDELITY 7,69,234 60.00 4.27 2.11
6 CARMIGNAC PORTFOLIO CARMIGNAC 14,13,334 110.24 7.84 3.87
7 EASTSPRING INVESTMENTS-INDIA EQUITY OPEN LTD. EASTSPRING 7,77,423 60.64 4.31 2.13
8 EASTSPRING INVESTMENTS-DRAGON PEACOCK FUND EASTSPRING 1,66,269 12.97 0.92 0.46
9 DRAGON PEACOCK INVESTMENTS LTD. DRAGON PEACOCK 6,97,623 54.41 3.87 1.91
10 EASTSPRING INVESTMENTS-INDIA EQUITY FUND EASTSPRING 1,53,558 11.98 0.85 0.42
11 MASSACHUSETTS INSTITUTE OF TECHNOLOGY MASSACHUSETTS INSTITUTE OF TECHNOLOGY 4,48,723 35.00 2.49 1.23
12 NIPPON INDIA FOCUSED FUND NIPPON INDIA MUTUAL FUND 12,82,063 100.00 7.11 3.51
13 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 7,69,234 60.00 4.27 2.11
14 NIPPON INDIA GROWTH MID CAP FUND NIPPON INDIA MUTUAL FUND 5,12,810 40.00 2.84 1.40
15 HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES HSBC 5,12,829 40.00 2.84 1.40
16 KEY SQUARE MASTER FUND LP KEY SQUARE 13,16,548 102.69 7.30 3.60
17 KEY SQUARE MASTER FUND II LP KEY SQUARE 4,78,325 37.31 2.65 1.31
18 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 6,41,060 50.00 3.56 1.75
19 VANTAGE EQUITY FUND VANTAGE 4,48,723 35.00 2.49 1.23
20 NEPTUNE INVESTMENT FUNDS-NEPTUNE INDIA FUND NEPTUNE INVESTMENT 1,28,212 10.00 0.71 0.35
21 UPS GROUP TRUST UPS GROUP 3,84,629 30.00 2.13 1.05
22 IIFL SPECIAL OPPORTUNITIES FUND-SERIES V IIFL 1,28,212 10.00 0.71 0.35
23 BARODA BNP PARIBAS MULTI CAP FUND BARODA BNP PARIBAS MUTUAL FUND 1,53,843 12.00 0.85 0.42
24 BARODA BNP PARIBAS ELSS TAX SAVER FUND BARODA BNP PARIBAS MUTUAL FUND 38,475 3.00 0.21 0.11
25 UNION SMALL CAP FUND UNION MUTUAL FUND 71,421 5.57 0.40 0.20
26 UNION FLEXI CAP FUND UNION MUTUAL FUND 34,143 2.66 0.19 0.09
27 UNION ELSS TAX SAVER FUND UNION MUTUAL FUND 22,648 1.77 0.13 0.06
1,80,28,8461,406.2510049.35

IPO Subscription FAQs

The Sterling & Wilson IPO is subscribed 0.8537 times by Aug 08, 2019 17:00.

Sterling & Wilson IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.0195
Non Institutional0.8939
Retail Individual0.2961
Total Subscription0.8537

Retail category of Sterling & Wilson IPO subscribed 0.2961 times as of date Aug 08, 2019 17:00. The public issue closes on Thu, Aug 8, 2019 for bidding.

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

The Sterling & Wilson IPO is subscribed 0.8537 times by Aug 08, 2019 17:00.

The Sterling & Wilson IPO allotment status is expected on or around Wednesday, August 14, 2019. Visit Sterling & Wilson IPO allotment status to check.

The Sterling & Wilson IPO listing date is August 20, 2019. The equity share of Sterling & Wilson IPO will list on BSE, NSE.

Visit Sterling & Wilson IPO subscription status page for real-time bidding information about Sterling & Wilson IPO.

Sterling & Wilson IPO Timetable

IPO opens OnTuesday, August 6, 2019
IPO Closes OnThursday, August 8, 2019
Finalisation of Basis of AllotmentWednesday, August 14, 2019
Initiation of RefundsFriday, August 16, 2019
Credit of Shares to Demat AccountMonday, August 19, 2019
IPO Listing DateTuesday, August 20, 2019
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