Au Financiers aka Au Small Bank IPO is on a good mood and investors will get a chance to subscribe as there are no other IPOs to open for subscription as of now. The things are positive and the small bank can create a good jump in stock market on listing day. As the Au Bank IPO size is big still one can expect a good number of subscription.We can expect Au Small Bank IPO to subscribe around 3-4 times in retail. Have another good listing around 25-30% gain on the same day.
Au Small Bank IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | EMP | Total |
| Day 1 | 0.00 | 0.08 | 0.32 | 0.16 | 0.18 |
| Day 2 | 2.47 | 0.70 | 1.07 | 0.44 | 1.36 |
| Day 3 | 78.77 | 143.51 | 3.40 | 1.42 | 53.54 |
Au Financiers IPO Dates & Price Band:
- IPO Open: 28-June-17
- IPO Close: 30-June-17
- IPO Size: Approx Rs. 1912 Crores (Approx)
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 355 to 358 Per Share
- Listing on: BSE & NSE
Au Financiers IPO Market Lot:
- Shares: Apply for 41 Shares (Minimum Lot Size)
- Amount: Rs.14,678
Au Financiers IPO Allotment & Listing:
- Basis of Allotment: 05-July-17
- Refunds: 06-July-17
- Credit to demat accounts: 07-July-17
- Listing: 10-July-17
