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August 8, 2018 - August 10, 2018

CreditAccess Grameen IPO Subscription Details

CreditAccess Grameen IPO Subscription Status Live

CreditAccess Grameen IPO subscribed 2.22 times. The public issue subscribed 0.87 times in the retail category, 5.52 times in QIB, and 0.98 times in the NII category by August 10, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions5.525,355,5552,95,77,0651,248.15
Non-Institutional Buyers0.984,042,23939,44,395166.45
Retail Investors0.879,431,89082,11,210346.51
Employees[.]000
Others[.]000
Total 2.2218,829,6844,17,32,6701,761.12

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


CreditAccess Grameen IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
August 8, 2018
0.690.010.110.25
Day 2
August 9, 2018
0.790.020.280.37
Day 3
August 10, 2018
5.520.980.872.22

CreditAccess Grameen IPO Shares Offered

CreditAccess Grameen IPO is a public issue of 18,829,684 equity shares. The issue offers 9,431,890 shares to retail investors, 5,355,555 shares to qualified institutional buyers, and 4,042,239 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB5,355,555226.0028.44%
NII4,042,239170.5821.47%
Retail9,431,890398.0350.09%
Total18,829,684794.61100%

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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

CreditAccess Grameen IPO Subscription FAQs

The CreditAccess Grameen IPO is subscribed 2.22 by August 10, 2018.

CreditAccess Grameen IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional5.52
Non Institutional0.98
Retail Individual0.87
Employee Reservations[.]
Others[.]
Total Subscription2.22

Retail category of CreditAccess Grameen IPO subscribed 0.87 times as of date August 10, 2018. The public issue closes on August 10, 2018 for bidding.

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

The CreditAccess Grameen IPO is subscribed 2.22 by August 10, 2018.

The CreditAccess Grameen IPO allotment status is expected on or around August 16, 2018. Visit CreditAccess Grameen IPO allotment status to check.

The CreditAccess Grameen IPO listing date is Thursday, August 23, 2018. The equity share of CreditAccess Grameen Limited will list on BSE, NSE.

Visit CreditAccess Grameen IPO subscription status page for real-time bidding information about CreditAccess Grameen IPO.

CreditAccess Grameen IPO Timetable

IPO Opens OnAugust 8, 2018
IPO Closes OnAugust 10, 2018
Finalisation of Basis of AllotmentAugust 16, 2018
Initiation of RefundsAugust 20, 2018
Credit of Shares to Demat AccountAugust 21, 2018
IPO Listing DateAugust 23, 2018

4 Comments

4. Arora     Link|August 16, 2018 8:49:16 PM
I find very valuable information about IPO on www.chittorgarh.com.
I wish sucess to www.chittorgarh.com
3. Nital Chanchani     Link|August 14, 2018 12:33:27 PM
This is good IPO, investors will get good returns. Those who gets allotments, do not sell even if it shows some weakness on listing. Keep it!!
2. kai     Link|August 10, 2018 4:48:09 PM
4:46 PM from RETAIL Investor , i subscribed for " Minimum Order Quantity: 35 Shares " as it was written can someone EXPLAIN IT WHAT This is 1st Time Trying HELP,
2.1. RANJAN NK     Link|August 10, 2018 5:32:24 PM
last chance to subscribe
2.2. HIREN NIRANJANI     Link|August 10, 2018 7:17:48 PM
u will get all 35 if u have subscribed by cut off
1. Dinesh Parekh     Link|August 10, 2018 4:39:02 PM
Credit access
QIB. 5.52
HNI .98
RETAIL .77
TOTAL 2.17.
UPTO 4.30 PM.