Overview

• The ₹3,395 crore offer-for-sale comprises 5.96 crore existing shares priced in a ₹540–570 per share band.
• Sixty anchor investors, led by Abu Dhabi Investment Authority and Government Pension Fund Global, committed ₹1,016 crore at the ₹570 upper band.
• Bidding closed at 1.19 times subscription on July 15, with non-institutional investors at 2.94× and retail at 0.91×.
• Unofficial grey market premiums near ₹100 imply a probable listing price around ₹670, signaling roughly 18% first-day gains.
• Share allotment is scheduled for July 17 and the stock is set to debut on the BSE and NSE on July 21.