Overview

• NSE data show the offer reached 70% on Day 1 and was fully subscribed by Day 2, with retail bids at 1.20 times and QIBs near full.
• Allotment is expected on Oct 3, demat credits and refunds on Oct 6, and trading is slated to begin on the BSE and NSE on Oct 7.
• The book-built issue comprises only fresh shares—about 1.21 crore—priced in a Rs 181–191 band with a 75-share minimum lot.
• Investor allocation is structured at 50% for QIBs, 35% for retail investors, and 15% for non-institutional investors, with Unistone Capital as lead manager and Bigshare as registrar.
• Grey-market indications fluctuated during the window and were flat in late checks, which are speculative signals and not official pricing.