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Aavas Financiers IPO Subscription Details (Live Status)

Aavas Financiers IPO Details

IPO Open Sep 25, 2018
IPO Close Sep 27, 2018
IPO Price ₹821
Face Value ₹10
IPO Size ₹1,734.07 Cr
Listing At BSE, NSE
Lot Size 18
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Aavas Financiers IPO Subscription Status Live

Aavas Financiers IPO subscribed 0.97 times. The public issue subscribed 0.25 times in the retail category, 2.77 times in QIB, and 0.26 times in the NII category by Sep 27, 2018.

Investor CategorySubscription (times)
Qualified Institutions2.77
Non-Institutional Buyers0.26
Retail Investors0.25
Employees[.]
Others[.]
Total0.97

Aavas Financiers IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Sep 25, 2018
0.120.000.020.04
Day 2
Sep 26, 2018
0.810.120.070.29
Day 3
Sep 27, 2018
2.770.260.250.97

Aavas Financiers IPO Shares Offered

Aavas Financiers IPO is a public issue of 14,785,027 equity shares. The issue offers 7,392,514 shares to retail investors, 4,224,293 shares to qualified institutional buyers, and 3,168,220 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB4,224,293346.8128.57%
NII3,168,220260.1121.43%
Retail7,392,514606.9350.00%
Total14,785,0271,213.85100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Aavas Financiers IPO Subscription FAQs

The Aavas Financiers IPO is subscribed 0.97 by Sep 27, 2018.

Aavas Financiers IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional2.77
Non Institutional0.26
Retail Individual0.25
Employee Reservations[.]
Others[.]
Total Subscription0.97

Retail category of Aavas Financiers IPO subscribed 0.25 times as of date Sep 27, 2018. The public issue closes on Sep 27, 2018 for bidding.

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

The Aavas Financiers IPO is subscribed 0.97 by Sep 27, 2018.

The Aavas Financiers IPO allotment status is expected on or around Oct 3, 2018. Visit Aavas Financiers IPO allotment status to check.

The Aavas Financiers IPO listing date is Monday, October 8, 2018. The equity share of Aavas Financiers Limited will list on BSE, NSE.

Visit Aavas Financiers IPO subscription status page for real-time bidding information about Aavas Financiers IPO.

Aavas Financiers IPO Timetable

IPO Opens OnSep 25, 2018
IPO Closes OnSep 27, 2018
Finalisation of Basis of AllotmentOct 3, 2018
Initiation of RefundsOct 4, 2018
Credit of Shares to Demat AccountOct 5, 2018
IPO Listing DateOct 8, 2018

1 Comments

1. Aniketiaf  
Very poor response