Polycab India Limited
05 Apr 2019 – 09 Apr 2019
LISTED
Offer Price
₹533–538
Bid lot
27
Min Application
₹14,526
Issue Size
₹1,346 Cr
Key dates
Open date
05 Apr 2019
Done
Close date
09 Apr 2019
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
16 Apr 2019
Today
Issue reservation
₹1,346 CrQIB 50%Retail 35%5%
QIB
1.25 Cr sh · ₹673.00 Cr
Retail
87.6 L sh · ₹471.10 Cr
Employee
12.5 L sh · ₹67.30 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited · Citigroup Global Markets India Private Limited · Edelweiss Financial Services Limited · IIFL Holdings Limited · YES Securities (India) Limited
Lot ladder — how much to bid
1 lot = 27 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
27 sh · ₹14,526
Max · 13 lots
351 sh · ₹1,88,838
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
378 sh · ₹2,03,364
Max · 68 lots
1,836 sh · ₹9,87,768
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
1,863 sh · ₹10,02,294
Entry point
₹10,02,294 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited, IIFL Holdings Limited, YES Securities (India) Limited
Face value₹10
Listing onNSE
RegistrarKarvy Fintech Private Limited
Live subscription
53.34×
0×1×2×3×+
Oversubscribed
Book₹1,211 Cr
Subscribed₹64,618 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,25,09,294₹673.00 Cr | 1,15,63,59,091₹62,212 Cr | 92.44× |
| HNI | 37,52,788₹201.90 Cr | 41,43,82,856₹22,294 Cr | 110.42× |
| Retail | 87,56,505₹471.10 Cr | 4,07,17,750₹2,191 Cr | 4.65× |
| Employee | 12,50,929₹67.30 Cr | 40,02,974₹215.36 Cr | 3.20× |
| Total | 2,25,16,728₹1,211 Cr | 1,20,10,79,815₹64,618 Cr | 53.34× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 62,212.12 |
| HNI | 22,293.80 |
| Retail | 2,190.61 |
| Employee | 215.36 |
| Total | 64,618.09 |
Amounts at the upper band (₹538). 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 Polycab India Limited IPO?
One lot of 27 shares — ₹14,526 at the upper price band of ₹538.
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 2019-04-16 on NSE.