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| Issue Open | Aug 18, 2020 |
| Issue Close | Aug 20, 2020 |
| IPO Price | ₹105 |
| Face Value | ₹10 |
| IPO Size | ₹4.54 Cr |
| Listing At | BSE SME |
| IPO Lot Size | 1200 |
Hippo Cabs IPO subscribed 1.55 times. The public issue subscribed 2.80 times in the retail category, [.] times in QIB, and 0.29 times in the NII category by Aug 20, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 0.29 |
| Retail Investors | 2.80 |
| Employees | [.] |
| Others | [.] |
| Total | 1.55 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 0.00 | 0.99 | 0.49 |
Day 2 | 0.13 | 1.95 | 1.04 |
Day 3 | 0.29 | 2.80 | 1.55 |
Hippo Cabs IPO is a public issue of 410,400 equity shares. The issue offers 205,200 shares to retail investors, 0 shares to qualified institutional buyers, and 205,200 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 205,200 | 50.00% |
| Retail | 205,200 | 50.00% |
| Total | 410,400 | 100% |
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.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Hippo Cabs IPO is subscribed 1.55 by Aug 20, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 0.29 |
| Retail Individual | 2.80 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 1.55 |
An investor can apply in Hippo Cabs IPO online via bank (using ASBA) or the broker (using UPI). The Hippo Cabs IPO shares are offered online only.
The Hippo Cabs IPO is subscribed 1.55 by Aug 20, 2020.
The Hippo Cabs IPO allotment status is expected on or around Aug 25, 2020. Visit Hippo Cabs IPO allotment status to check.
Visit Hippo Cabs IPO subscription status page for real-time bidding information about Hippo Cabs IPO.
| IPO Opens On | Aug 18, 2020 |
| IPO Closes On | Aug 20, 2020 |
| Finalisation of Basis of Allotment | Aug 25, 2020 |
| Initiation of Refunds | Aug 26, 2020 |
| Credit of Shares to Demat Account | Aug 27, 2020 |
| IPO Listing Date | Aug 28, 2020 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
