Most Subscribed IPOs in 2017

Most Subscribed IPO in 2017 | Top 10 Successful IPOs of 2017

When the number of shares applied for is far greater than the number of shares offered in an issue, it leads to an oversubscription. An oversubscribed issue is generally presumed to be successful ones with possibility of premium listing due to the huge demand.

The IPO subscription status and allotment has an inverse relation. The higher the subscription lesser are the chances of allotment and vice versa.

Listed below are the Top 10 Oversubscribed IPOs of 2017 with breakup of subscription across investor categories and their listing gains.

Top 10 Successful IPOs of 2017 (Based on Subscription)

# Issue Name Issue Size (Rs Cr) Oversubscribed (x) QIB (x) NII (x) Retail (x) Employee (x) Others (x) Listing Date Offer Price (Rs) Listing Day - Close Price (Rs) Listing Day Gain / Loss (%)
1Avenue Supermarts Limited1870104.48144.61277.747.3Mar 21, 2017299640.75114.3
2Housing and Urban Development Corporation Ltd1224.3579.5355.45330.3610.790.74May 19, 20176072.520.83
3Central Depository Services (India) Limited523.99170.16148.71563.0323.831.46Jun 30, 2017149261.675.57
4Salasar Techno Engineering Ltd35.87273.059999478.3958.92Jul 25, 2017108259.15139.95
5Dixon Technologies (India) Limited600117.83134.66345.6110.6Sep 18, 201717662892.863.81
6Capacit'e Infraprojects Limited400183.03131.32638.0517.57Sep 25, 2017250342.436.96
7Godrej Agrovet Limited1157.3195.16150.96236.047.160.81Oct 16, 2017460595.5529.47
8MAS Financial Services Ltd460.04128.39148.33378.5315.972.41Oct 18, 2017459654.7542.65
9Reliance Nippon Life Asset Management Ltd1542.2481.54118.4209.445.65Nov 06, 201725228412.7
10Astron Paper & Board Mill Ltd70241.75103.35396.9973.322.69Dec 29, 201750119.7139.4
  • The offer price above is the highest price from the IPO price band.
  • The listing price reflected above is of the exchange where the listing price is higher.
  • (x) meaning 'number of times'
  • Investor Categories:
    • QIB - QIB includes SEBI registered Foreign Institutional Investors (FIIs), Banks, Mutual Funds and financial institutions.
    • NII - NII includes Individual investors, NRIs, companies, trusts etc who bid for more than Rs 2 lakhs.
    • Retails - Retails include the individual investor who apply up to Rs 2,00,000 in an IPO.
    • Employee - Certain companies have a reserved quota for their employees in an IPO.
    • Others - Any other eligible shareholder other than above who have a reserved quote in an IPO.


Add a public comment...