Overview
- Share allotment was finalised on July 17 with demat accounts set to be credited and refunds processed on July 18.
- Grey market trading shows a premium of about Rs 144 per share, pointing to near 25% gains on listing day.
- The entire Rs 3,395 crore IPO was a book‐built offer‐for‐sale of 5.96 crore existing shares, raising no fresh equity.
- Investor demand was exceptional with 63.86× overall subscription, driven by QIBs at 182.65×, NIIs at 42.36× and retail at 5.64×.
- Anchor investors including ADIA and Norway’s GPFG committed Rs 1,016 crore at the upper price band before public bidding.