Ircon International Limited
17 Sep 2018 – 19 Sep 2018
LISTED
Offer Price
₹470–475
Bid lot
30
Min Application
₹14,250
Issue Size
₹470 Cr
Key dates
Open date
17 Sep 2018
Done
Close date
19 Sep 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
28 Sep 2018
Today
Issue reservation
₹470 CrQIB 50%Retail 35%5%
QIB
49.5 L sh · ₹235.00 Cr
Retail
34.6 L sh · ₹164.50 Cr
Employee
4.9 L sh · ₹23.50 Cr
BRLM: IDBI Capital Markets & Securities Limited · Axis Capital Limited · SBI Capital Markets Limited.
Lot ladder — how much to bid
1 lot = 30 sharesRetail · Up to ₹2 L1–14 lots
Min · 1 lot
30 sh · ₹14,250
Max · 14 lots
420 sh · ₹1,99,500
S-HNI · ₹2 L to ₹10 L15–70 lots
Min · 15 lots
450 sh · ₹2,13,750
Max · 70 lots
2,100 sh · ₹9,97,500
B-HNI · Above ₹10 L71+ lots
Min · 71 lots
2,130 sh · ₹10,11,750
Entry point
₹10,11,750 onward
Issue details
Lead managersIDBI Capital Markets & Securities Limited, Axis Capital Limited, SBI Capital Markets Limited.
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
10.76×
0×1×2×3×+
Oversubscribed
Book₹423.00 Cr
Subscribed₹4,553 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 49,47,369₹235.00 Cr | 6,08,03,159₹2,888 Cr | 12.29× |
| HNI | 14,84,211₹70.50 Cr | 73,02,316₹346.86 Cr | 4.92× |
| Retail | 34,63,158₹164.50 Cr | 3,48,74,001₹1,657 Cr | 10.07× |
| Employee | 4,94,737₹23.50 Cr | 1,78,105₹8.46 Cr | 0.36× |
| Total | 89,05,264₹423.00 Cr | 9,58,55,265₹4,553 Cr | 10.76× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 2,888.15 |
| HNI | 346.86 |
| Retail | 1,656.52 |
| Employee | 8.46 |
| Total | 4,553.13 |
Amounts at the upper band (₹475). 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 Ircon International Limited IPO?
One lot of 30 shares — ₹14,250 at the upper price band of ₹475.
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 2018-09-28 on NSE.