Overview
- Exchange data show the issue was subscribed 54.02 times overall, led by Qualified Institutional Buyers at 166.51 times, with NIIs at 22.45 times and retail at 3.55 times.
- The total bid value reached about Rs 4.4 lakh crore, making it the first Indian IPO to cross the Rs 4 lakh crore mark in subscription value.
- The offer comprised an offer-for-sale of roughly 10.18 crore shares in a price band of Rs 1,080–1,140, with the South Korean parent offloading the stake.
- The grey market premium hovered around Rs 395–400, implying sizable potential listing gains, though GMP is unofficial and not exchange-verified.
- Allotment status can be checked on the BSE and NSE portals or via registrar Kfin Technologies, with refunds to unsuccessful bidders expected by October 13 and listing slated for October 14 on both exchanges.