Shree Tirupati Balajee IPO subscribed 4.96x so far

5 Sep 2024 , 02:56 PM

Shree Tirupati Balajee IPO is a book-built issuance worth ₹169.65 crore. The issue consists of a fresh issue of 1.48 crore shares totalling ₹122.43 crores and an offer for sale of 0.57 crore shares totalling ₹47.23 crores.

The Shree Tirupati Balajee IPO will be up for subscriptions on September 5, 2024 and end on September 9, 2024. The allotment for the Shree Tirupati Balajee IPO is expected to be completed on Tuesday that is September 10. Shree Tirupati Balajee IPO will list on the BSE and NSE, with a tentative listing date of Thursday, September 12, 2024.

The Shree Tirupati Balajee IPO price band is established at ₹78 to ₹83 per share. The minimum lot size for the IPO is 180 shares. The minimum investment which retail investors can make is ₹14,940. The minimum lot size investment for sNII is 14 lots (2,520 shares) for ₹2,09,160, while for bNII, it is 67 lots (12,060 shares) worth ₹10,00,980.

Pnb Investment Services Ltd and Unistone Capital Pvt Ltd are the book running lead managers for the Shree Tirupati Balajee IPO, while Link Intime India Private Ltd is the registrar.

As of 2:49 p.m, the retail section of the IPO has been subscribed 6.19 times and the NII section has been subscribed 2.83 times. The QIB portion of the IPO has been oversubscribed 4.42 times.

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