CreditAccess Grameen Limited IPO
MainboardRs 14770/- ) / 35 Shares
CreditAccess Grameen Limited IPO Details
The CreditAccess Grameen Limited IPO price band is set between Rs 418 - Rs 422 per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 Aug, 2018 and closes on 10 Aug, 2018. Investors can check the allotment status on 20 Aug, 2018, while the listing date is tentatively scheduled for 23 Aug, 2018.
The total issue size is Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr, aggregating up to . Stay tuned for the latest CreditAccess Grameen Limited IPO review and GMP updates.
CreditAccess Grameen Limited IPO Review, Rating & Analysis
CreditAccess Grameen Limited IPO Review
NO REVIEWCreditAccess Grameen Limited IPO Rating
CreditAccess Grameen Limited IPO Highlights
IPO Date
Aug 8, 2018 - Aug 10, 2018
Listing Date
23 Aug, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 418 - Rs 422 per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( B - Group )
CreditAccess Grameen Limited IPO Lot Size
The minimum market lot for CreditAccess Grameen Limited IPO is 35 shares with an application amount of ₹14,770. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,770 |
| Retail (Max) | 13 | 455 | ₹1,92,010 |
| S-HNI (Min) | 14 | 490 | ₹2,06,780 |
| S-HNI (Max) | 67 | 2345 | ₹9,89,590 |
| B-HNI (Min) | 68 | 2380 | ₹10,04,360 |
CreditAccess Grameen Limited IPO Timeline
Issue Price
Rs 418 - Rs 422 per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE, BSE ( B - Group )Registrar
Karvy Computershare Private LimitedLead Manager
ICICI Securities Limited, Credit Suisse Securities (India) Private Limited, IIFL Holdings Limited and Kotak Mahindra Capital Company LimitedIssue Size
Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 CrPromoters & Share Holding
Promoter(s) Name
- CreditAccess Asia N.V. ('CAA')
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
CreditAccess Grameen Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 53,55,555 | 40,42,239 | 94,31,890 | 1,88,29,684 |
Day 1 -08-08-18 | 36,74,195 0.69 x | 25,760 0.00 | 10,83,250 0.11 x | 47,83,205 0.26 x |
Day 2 -09-08-18 | 42,47,845 0.79 x | 81,585 0.02 | 26,56,990 0.28 x | 69,56,990 0.37 x |
Day 3 -10-08-18 | 2,95,77,065 5.52 x | 39,44,395 0.97 | 82,62,275 0.88 x | 4,17,83,735 2.22 x |
Day 4 -21-03-18 | N/A x | N/A x |
Frequently Asked Questions about CreditAccess Grameen Limited IPO IPO
When will CreditAccess Grameen Limited IPO open for subscription?
The CreditAccess Grameen Limited IPO opens on 8 Aug, 2018 and closes on 10 Aug, 2018.
What is the investors portion for CreditAccess Grameen Limited IPO?
The investors' portion for QIB is 29577065 5.52 x, NII is 3944395 0.97, and Retail is 8262275 0.88 x.
How to apply for CreditAccess Grameen Limited IPO?
You can apply for CreditAccess Grameen Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of CreditAccess Grameen Limited IPO?
The issue size of CreditAccess Grameen Limited IPO is approx ₹Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr crores.
What is the price band of CreditAccess Grameen Limited IPO?
The price band for CreditAccess Grameen Limited IPO is Rs 418 to ₹ Rs 422 per Equity Share.
What is the lot size of CreditAccess Grameen Limited IPO?
The minimum bid (lot size) for CreditAccess Grameen Limited IPO is 35 shares with an investment of approx Rs 14770/- ) .
What is the allotment date of CreditAccess Grameen Limited IPO?
The allotment date for CreditAccess Grameen Limited IPO is 20 Aug, 2018.
What is the listing date of CreditAccess Grameen Limited IPO?
The listing date for CreditAccess Grameen Limited IPO is expected to be 23 Aug, 2018.
What is the GMP of CreditAccess Grameen Limited IPO?
The latest Grey Market Premium (GMP) for CreditAccess Grameen Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
