Overview
- Shares are slated to debut on both NSE and BSE on Wednesday, November 12, with several outlets citing a 10 am start.
- The basis of allotment was finalised on November 10, with refunds initiated and shares credited to demat accounts around November 11.
- Unofficial grey‑market premium has slipped from a peak near Rs 16.5–16.7 to roughly Rs 4–6 before listing, indicating limited expected upside at debut.
- The offer totaled Rs 6,632.3 crore, comprising a Rs 1,060 crore fresh issue and a Rs 5,572.3 crore offer for sale, and drew overall subscriptions of 17.60 times, led by QIBs at 22.02 times.
- Early backers realised sizable exits through the OFS, including Peak XV Partners at about Rs 1,582 crore (reported 52x) and Y Combinator at roughly Rs 1,054 crore.