Overview

• The basis of allotment for the Rs 306 crore offer will be finalised on August 18 with debits or mandate revocations scheduled by August 19.
• Investors can check their allotment status once completed via the BSE, NSE or MUFG Intime India portals using PAN or application number.
• The public issue drew 35.65 lakh applications and was oversubscribed 159.88 times overall, with QIBs at 190.97x, NIIs at 356.73x and retail at 57.75x.
• Preliminary estimates indicate allotment odds under 3% for many applicants, including just 1.3% for big HNIs and 2.27% for retail investors seeking one lot.
• Grey market shares trade at roughly a 25% premium to the Rs 102 issue price, reflecting expectations of a strong listing on August 20.