Overview
- The ₹1,540.65 cr IPO was split into an ₹820 cr fresh issue and a ₹720.65 cr offer-for-sale at a ₹492–517 price band.
- Qualified institutional bids hit 4.28 times while non-institutional investors booked 0.55 times, resulting in a 2.7 times overall subscription.
- Share allotment was finalised on Aug 14 and investors can verify their status through BSE, NSE or KFin Technologies.
- Refunds to unsuccessful applicants and crediting of allotted shares are set for Aug 18 ahead of the listing on BSE and NSE.
- Grey-market premiums near ₹2 imply a flat debut, and fresh-issue proceeds will fund working capital and general corporate purposes.