Overview

• Exchange data show the issue was subscribed 15.90 times overall, with QIBs at 25.29x, NIIs at 5.30x, and retail at 3.62x.
• Allotment is slated for September 29, with refunds and demat credits expected on September 30 and listing targeted for October 1 on BSE and NSE.
• Investors can verify their status via the BSE and NSE portals or the registrar Kfin Technologies’ website once the allocation is finalised.
• The Rs 1,250 crore offering comprises a Rs 500 crore fresh issue and a Rs 750 crore offer for sale in a Rs 220–232 price band.
• Unofficial grey‑market premiums around Rs 18–20 suggest an estimated 7–9% listing gain, though such indicators are speculative.