The investors can make a bid for a minimum of 100 equity shares and in multiples of 100 equity shares thereon. In respect of the allocation of the issue, retail investor class and non-institutional bidders will be allocated 35% and 15% of the overall issue size respectively while QIBs including mutual funds shall not be allocated over 50% of the issue.
For making an application for the issue, investors can make use of the ASBA or Applications Supported by Blocked Amount facility as it is an easy, smart and convenient method. Know more about ASBA facility.
CRISIL has assigned a grading of 4/5 for the IPO of the company that indicates above average fundamentals. In the secondary market, shares of the company will be listed on both the National Stock Exchange and Bombay Stock Exchange. Lead Managers and Registrar to the issue are ICICI Securities and Edelweiss Financial Services and Karvy Computershare respectively.