Overview
- The Rs 400 crore issue drew 9.95 times overall subscription, with retail at 5.09x, QIB at 11.09x and NII at 19.78x, according to exchange data.
- The offering was entirely fresh equity of about 71.3 lakh shares in a price band of Rs 533–561 with a lot size of 26.
- Allotment status is live on the BSE portal and registrar Bigshare, and ASBA debits or mandate releases are expected by August 26.
- Shares are slated to debut on both BSE and NSE on August 28, subject to confirmation from the exchanges.
- The grey‑market premium was about Rs 14–15 per share, implying roughly 2–3% listing gains, which remain informal and subject to change.