CreditAccess Grameen Limited IPO
CreditAccess Grameen Limited IPO is priced at ₹418–₹422 per share with an issue size of Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr. The IPO opens on Aug 8, 2018 and closes on Aug 10, 2018, with a lot size of 35 shares and a minimum investment of ₹14,770.
CreditAccess Grameen Limited IPO
- IPO Dates
- Aug 8, 2018 – Aug 10, 2018
- Price band
- ₹418 - 422 per equity share
- Minimum Investment
- ₹14,770
- Issue size
- Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr
- Lot size
- 35
- Allotment Date
- Aug 20, 2018
- Listing
- Aug 23, 2018
- Listing At
- NSE, BSE ( B - Group )
IPO timeline
-
Aug 8, 2018
Open Date
Completed
-
Aug 10, 2018
Close Date
Completed
-
Aug 20, 2018
Allotment Date
Completed
-
Aug 23, 2018
Listing Date
Completed
CreditAccess Grameen Limited IPO Essentials
CreditAccess Grameen Limited IPO Details
CreditAccess Grameen Limited IPO is priced at ₹418 - 422 per share with a total issue size of Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr. The IPO has a lot size of 35 shares and will be listed on BSE and NSE.
- Issue price
- Rs 418 - Rs 422 per Equity Share
- Lot size
- 35 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr
- Listing at
- NSE, BSE ( B - Group )
- List price
- Listing date
- Registrar
- Karvy Computershare Private Limited
- Lead manager
-
ICICI Securities Limited, Credit Suisse Securities (India) Private Limited, IIFL Holdings Limited and Kotak Mahindra Capital Company Limited
CreditAccess Grameen Limited IPO Details
- Retail Portion N/A
CreditAccess Grameen Limited IPO Analytics
CreditAccess Grameen Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
CreditAccess Grameen Limited IPO Subscription Status
CreditAccess Grameen Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 53,55,555 |
40,42,239
|
94,31,890 | 1,88,29,684 |
|
Day 1
08-08-18
|
0.69 x |
0.00x
|
0.11 x | 0.26 x |
|
Day 2
09-08-18
|
0.79 x |
0.02x
|
0.28 x | 0.37 x |
|
Day 3
10-08-18
|
5.52 x |
0.97x
|
0.88 x | 2.22 x |
|
Day 4
21-03-18
|
CreditAccess Grameen Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 8.69
- P/E Ratio
- 48.56
Returns
- RoNW
- 8.73%
CreditAccess Grameen Limited Company & Offer Insights
CreditAccess Grameen Limited IPO Issue Objectives
- •
- Offer for Sale(a) To carry out the disinvestment of Equity Shares by the Selling Shareholder in the company. (b) To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
- •
- Fresh Issue(a) Augmenting its capital base to meet future capital requirements.(b) General corporate purposes.
CreditAccess Grameen Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| CreditAccess Grameen Limited | 3.80 | 48.56 | 8.73% | 875.21 |
| Bharat Financial Inclusion Limited | 5.65 | 26.71 | 21.16% | 1917.23 |
| Satin Creditcare Network Limited | 1.48 | 396.77 | 0.37% | 1030.90 |
| Au Small Finance Bank Limited | 8.14 | 63.09 | 12.90% | 1767.19 |
| Ujjivan Financial Services Limited | 2.61 | 631.08 | 0.41% | 1443.36 |
| Shriram Trasport Finance Co. Ltd | 2.49 | 19.74 | 12.63% | 12,277.17 |
| Equitas Holdings Limited | 2.10 | 152.52 | 1.38% | 1786.01 |
| Mahindra & Mahindra FinancialServices Limited | 3.19 | 31.94 | 10.00% | 8533.15 |
Contact Information
Frequently Asked Questions
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CreditAccess Grameen Limited IPO is a book-built IPO worth ₹Total 2,68,05,395 Equity Shares of Rs 10 with aggregating up to Rs 1131.19 Cr# Fresh Issue of 1,49,28,910 Equity Shares of Rs 10 aggregating up to Rs 630.00 Cr # Offer for Sale of 1,18,76,485 Equity Shares of Rs 10 aggregating up to Rs 501.19 Cr. The price band is ₹418–₹422 per share. The IPO opens on Aug 8, 2018 and closes on Aug 10, 2018. It will be listed on BSE and NSE. Karvy Computershare Private Limited is the registrar.
The price band of CreditAccess Grameen Limited IPO is ₹418 to ₹422 per share.
The lot size of CreditAccess Grameen Limited IPO is 35 shares.
The minimum investment for CreditAccess Grameen Limited IPO is approximately ₹14,770 based on the upper price band .
CreditAccess Grameen Limited IPO opens on Aug 8, 2018 and closes on Aug 10, 2018.
The allotment date of CreditAccess Grameen Limited IPO is Aug 20, 2018.
CreditAccess Grameen Limited IPO is expected to be listed on Aug 23, 2018, on BSE and NSE .
CreditAccess Grameen Limited IPO valuation snapshot: P/E 48.56, EPS Rs 8.69, P/B N/A, RoNW 8.73%, and market cap N/A.
To apply for CreditAccess Grameen Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of CreditAccess Grameen Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for CreditAccess Grameen Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check CreditAccess Grameen Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the CreditAccess Grameen Limited IPO allotment status on IPO Ji for quick and easy access.