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| Issue Open | May 9, 2018 |
| Issue Close | May 11, 2018 |
| IPO Price | ₹572 |
| Face Value | ₹10 |
| IPO Size | ₹1,844.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 26 |
IndoStar Capital Finance IPO subscribed 6.65 times. The public issue subscribed 1.17 times in the retail category, 16.08 times in QIB, and 6.91 times in the NII category by May 11, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 16.08 |
| Non-Institutional Buyers | 6.91 |
| Retail Investors | 1.17 |
| Employees | [.] |
| Others | [.] |
| Total | 6.65 |
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1 | 1.28 | 0.00 | 0.08 | 0.41 |
Day 2 | 1.80 | 0.03 | 0.34 | 0.69 |
Day 3 | 16.08 | 6.91 | 1.17 | 6.65 |
IndoStar Capital Finance IPO is a public issue of 22,575,438 equity shares. The issue offers 11,298,246 shares to retail investors, 6,435,086 shares to qualified institutional buyers, and 4,842,106 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 6,435,086 | 28.50% |
| NII | 4,842,106 | 21.45% |
| Retail | 11,298,246 | 50.05% |
| Total | 22,575,438 | 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 IndoStar Capital Finance IPO is subscribed 6.65 by May 11, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 16.08 |
| Non Institutional | 6.91 |
| Retail Individual | 1.17 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 6.65 |
An investor can apply in IndoStar Capital Finance IPO online via bank (using ASBA) or the broker (using UPI). The IndoStar Capital Finance IPO shares are offered online only.
The IndoStar Capital Finance IPO is subscribed 6.65 by May 11, 2018.
The IndoStar Capital Finance IPO allotment status is expected on or around May 16, 2018. Visit IndoStar Capital Finance IPO allotment status to check.
Visit IndoStar Capital Finance IPO subscription status page for real-time bidding information about IndoStar Capital Finance IPO.
| IPO Opens On | May 9, 2018 |
| IPO Closes On | May 11, 2018 |
| Finalisation of Basis of Allotment | May 16, 2018 |
| Initiation of Refunds | May 17, 2018 |
| Credit of Shares to Demat Account | May 18, 2018 |
| IPO Listing Date | May 21, 2018 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
