Overview

• BSE data show the issue drew bids for 1.99 billion shares against 22.18 million on offer, with QIBs at 186.29x, NIIs at 122.73x, and retail at 20.79x.
• Applicants can check allotment through BSE, NSE, or the registrar MUFG Intime India once finalised.
• Refunds for non-allottees and credit of shares are slated for September 25, with a tentative BSE/NSE debut on September 26.
• The book-built offer was priced at Rs 145–153 per share for Rs 464.26 crore, comprising a Rs 400 crore fresh issue and a Rs 64.26 crore offer-for-sale.
• The latest grey market premium was cited near Rs 31 per share (about 20% over the top band), which is unofficial and volatile; brokers such as Geojit have a long-term Subscribe view tied to PM-KUSUM exposure.