Advanced Enzyme IPO Subscription Status

IPO Initial Public Offerings
Advanced Enzyme Subscription Detail of Subscription from Jul 20 to Jul 22. Its been a good IPO for listing gain. Its grey market premium is around Rs. 315-320 as on 22nd July 2016.

Advanced Enzymes has good Profit as well compare to last few years. The profit for the financial year ended on March 2016 is Rs.784.35 millions (PAT) which is growing around 55% compare to March 2015. Its already subscribed on its first day in Retail and almost have full subscription on day 1.

Advanced Enzyme Subscription: (Till 5PM – 21st July)

DayQIBNIIRIIEmployeeTotal
Day 10.410.161.490.010.90
Day 25.90.834.890.044.28
Day 394.03393.1011.001.68115.69

Advanced Enzyme IPO Detail:

  • IPO Open: Jul 20, 2016
  • IPO Close: Jul 22, 2016
  • IPO Size: Offer for Sale of 4,034,470 Equity Shares of Rs 10
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs. 880 – Rs. 896
  • Listing on: BSE & NSE

Advanced Enzyme IPO Market Lot:

  • Shares: Apply for 16 Shares (Minimum Lot Size)
  • Amount: Rs. 14,336
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