CreditAccess Grameen IPO Subscribed 2.22 Times; QIB 5.52, HNI 0.97, Retail 0.88 Times

IPO Initial Public Offerings
CreditAccess Grameen IPO to hit the market on 8th August and ends on 10th August. After a grey listing of HDFC AMC investors will look at CreditAccess Grameen ipo to have a good listing gain as well. As per the gmp started its hovering around 30-40 level but if demand picks up then it will surely get boost in grey market as well. We can expect a good subscription numbers in CreditAccess Grameen ipo as well but not as good as HDFC AMC. Lets see how investors will take this up for the subscription numbers. Check CreditAccess Grameen ipo gmp by day to day.

CreditAccess Grameen IPO Subscription
(Fully Subscribed)

CategoryDay 1Day 2Day 3
QIB0.690.795.52
HNI0.010.020.97
RII0.120.280.88
Total0.260.372.22

CreditAccess Grameen IPO Review:

  • Apply for Long Term Gain

CreditAccess Grameen IPO Dates & Price Band: (Tentative)

  • IPO Open: 08-August-2018
  • IPO Close: 10-August-2018
  • IPO Size: Approx Rs.1130 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.418 to 422  Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 1,02,81,317 Shares

CreditAccess Grameen IPO Market Lot:

  • Shares: Apply for 35 Shares (Minimum Lot Size)
  • Amount: Rs.14,770

CreditAccess Grameen IPO Allotment & Listing:

  • Basis of Allotment: 16-August-2018
  • Refunds: 20-August-2018
  • Credit to demat accounts: 21-August-2018
  • Listing: 23-August-2018
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