Affle IPO allotted Rs.206.55 crore worth of 2,772,483 equity shares at Rs.745 per equity share to 15 anchor investors at the upper end of the Price Band. The Affle India IPO is opening on 29-July and closes on 31-July. The price band is fixed at Rs.740-745.
List of Anchor Investors:
- Abeerden Asian Smaller Companies Investment
- Franklin Templeton Investment Funds
- Eastspring Investments India Consumer Equity Open Limited
- Goldman Sachs India
- Malabar India Fund
- Hornbill Orchid India Fund
- NT Asian Discovery Master Fund
- Reliance Capital Trustee Co Ltd A/C Reliance Small Cap Fund
- Aditya Birla Sun Life Mutual Fund
- L&T Mutual Fund Trustee Ltd A/C L&T Mid Cap Fund
- Kotak India Growth Fund Series 5
- Sundaram Mutual Fund
- Reliance Equity Opportunities AIF – Scheme 3
- Edelweiss Alternative Investment Opportunities Trust – Edelweiss Crossover Opportunitities Fund
- BNS Paribas Arbitrage
The Bid/Offer Closing Date is on July 31, 2019. The Price Band for the Offer is from Rs.740 to Rs.745 per Equity Share. The Bids can be made for a minimum lot of 20 Equity Shares and in multiples of 20 Equity Shares thereafter. The Equity Shares are proposed to be listed on BSE and NSE (the “Stock Exchanges”).
The Book Running Lead Managers of the IPO is ICICI Securities Limited and Nomura Financial Advisory and Securities (India) Private Limited.
Affle India IPO Dates & Price Band: (Tentative)
| IPO Open: | 29-July-2019 |
| IPO Close: | 31-July-2019 |
| IPO Size: | Approx ₹499.75 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹740-745 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 10% |
| Equity: | 5,500,000 Shares |
Affle India IPO Market Lot:
- Shares: Apply for 20 Shares (Minimum Lot Size)
- Amount: ₹14900
Affle India IPO Allotment & Listing:
- Basis of Allotment: 05-August-2019
- Refunds: 06-August-2019
- Credit to demat accounts:07-August-2019
- Listing:08-August-2019