Laurus Labs Limited
06 Dec 2016 – 08 Dec 2016
LISTED
Offer Price
₹426–428
Bid lot
35
Min Application
₹14,980
Issue Size
₹300 Cr
Key dates
Open date
06 Dec 2016
Done
Close date
08 Dec 2016
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
19 Dec 2016
Today
Issue reservation
₹300 CrQIB 50%Retail 35%5%
QIB
35.0 L sh · ₹150.00 Cr
Retail
24.5 L sh · ₹105.00 Cr
Employee
3.5 L sh · ₹15.00 Cr
BRLM: Kotak Mahindra Capital Company Limited · Citigroup Global Markets India Private Limited · Jefferies India Private Limited · SBI Capital Markets Limited
Lot ladder — how much to bid
1 lot = 35 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
35 sh · ₹14,980
Max · 13 lots
455 sh · ₹1,94,740
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
490 sh · ₹2,09,720
Max · 66 lots
2,310 sh · ₹9,88,680
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
2,345 sh · ₹10,03,660
Entry point
₹10,03,660 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Jefferies India Private Limited, SBI Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
6.60×
0×1×2×3×+
Oversubscribed
Book₹270.00 Cr
Subscribed₹1,782 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 35,04,673₹150.00 Cr | 3,69,39,253₹1,581 Cr | 10.54× |
| HNI | 10,51,402₹45.00 Cr | 37,64,019₹161.10 Cr | 3.58× |
| Retail | 24,53,271₹105.00 Cr | 40,96,963₹175.35 Cr | 1.67× |
| Employee | 3,50,467₹15.00 Cr | 5,99,299₹25.65 Cr | 1.71× |
| Total | 63,08,411₹270.00 Cr | 4,16,35,515₹1,782 Cr | 6.60× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 1,581.00 |
| HNI | 161.10 |
| Retail | 175.35 |
| Employee | 25.65 |
| Total | 1,782.00 |
Amounts at the upper band (₹428). 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 Laurus Labs Limited IPO?
One lot of 35 shares — ₹14,980 at the upper price band of ₹428.
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 2016-12-19 on NSE.