S Chand and Company Limited
26 Apr 2017 – 28 Apr 2017
LISTED
Offer Price
₹660–670
Bid lot
22
Min Application
₹14,740
Issue Size
₹729 Cr
Key dates
Open date
26 Apr 2017
Done
Close date
28 Apr 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
09 May 2017
Today
Issue reservation
₹729 CrQIB 50%Retail 35%
QIB
54.4 L sh · ₹364.50 Cr
Retail
38.1 L sh · ₹255.15 Cr
BRLM: JM Financial Institutional Securities Limited · Axis Capital Limited · Credit Suisse Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 22 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
22 sh · ₹14,740
Max · 13 lots
286 sh · ₹1,91,620
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
308 sh · ₹2,06,360
Max · 67 lots
1,474 sh · ₹9,87,580
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,496 sh · ₹10,02,320
Entry point
₹10,02,320 onward
Issue details
Lead managersJM Financial Institutional Securities Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
28.54×
0×1×2×3×+
Oversubscribed
Book₹619.65 Cr
Subscribed₹17,685 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 54,40,299₹364.50 Cr | 24,08,42,015₹16,136 Cr | 44.27× |
| HNI | 16,32,090₹109.35 Cr | 33,40,07,126₹22,378 Cr | 204.65× |
| Retail | 38,08,209₹255.15 Cr | 2,31,15,828₹1,549 Cr | 6.07× |
| Total | 92,48,508₹619.65 Cr | 26,39,57,843₹17,685 Cr | 28.54× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 16,136.42 |
| HNI | 22,378.48 |
| Retail | 1,548.76 |
| Total | 17,685.18 |
Amounts at the upper band (₹670). 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 S Chand and Company Limited IPO?
One lot of 22 shares — ₹14,740 at the upper price band of ₹670.
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 2017-05-09 on NSE.