Eris Lifesciences Limited
16 Jun 2017 – 20 Jun 2017
LISTED
Offer Price
₹600–603
Bid lot
24
Min Application
₹14,472
Issue Size
₹1,741 Cr
Key dates
Open date
16 Jun 2017
Done
Close date
20 Jun 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
29 Jun 2017
Today
Issue reservation
₹1,741 CrQIB 50%Retail 35%5%
QIB
1.44 Cr sh · ₹870.50 Cr
Retail
1.01 Cr sh · ₹609.35 Cr
Employee
14.4 L sh · ₹87.05 Cr
BRLM: Axis Capital Limited · Citigroup Global Markets India Private Limited · Credit Suisse Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 24 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
24 sh · ₹14,472
Max · 13 lots
312 sh · ₹1,88,136
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
336 sh · ₹2,02,608
Max · 69 lots
1,656 sh · ₹9,98,568
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
1,680 sh · ₹10,13,040
Entry point
₹10,13,040 onward
Issue details
Lead managersAxis Capital Limited, Citigroup Global Markets India Private Limited, Credit Suisse Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
4.01×
0×1×2×3×+
Oversubscribed
Book₹1,567 Cr
Subscribed₹6,288 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,44,36,153₹870.50 Cr | 6,75,61,194₹4,074 Cr | 4.68× |
| HNI | 43,30,846₹261.15 Cr | 19,48,881₹117.52 Cr | 0.45× |
| Retail | 1,01,05,307₹609.35 Cr | 3,54,69,627₹2,139 Cr | 3.51× |
| Employee | 14,43,615₹87.05 Cr | 12,41,509₹74.86 Cr | 0.86× |
| Total | 2,59,85,075₹1,567 Cr | 10,42,72,330₹6,288 Cr | 4.01× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 4,073.94 |
| HNI | 117.52 |
| Retail | 2,138.82 |
| Employee | 74.86 |
| Total | 6,287.62 |
Amounts at the upper band (₹603). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Eris Lifesciences Limited IPO?
One lot of 24 shares — ₹14,472 at the upper price band of ₹603.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2017-06-29 on NSE.