CreditAccess Grameen IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1131.19 Cr. The company is based in Bangalore and caters to Banking And Finance sector. Credit Suisse Securities (India) , ICICI Securities , IIFL Securities , Kotak Mahindra Capital Company are the merchant bankers of CreditAccess Grameen IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th January 2018.
CreditAccess Grameen IPO open date is 8th August 2018 and close date is 10th August 2018. IPO Allotment Date is 16th August 2018 and Listing date is 23rd August 2018.CreditAccess Grameen IPO size is ₹ 1131.19 Cr. with IPO price of ₹ 422.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Credit Suisse Securities (India) Private Limited is the book-running lead manager of the CreditAccess Grameen IPO. Kfin Technologies Limited is the Registrar for CreditAccess Grameen IPO.
CreditAccess Grameen IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
CreditAccess Grameen IPO, based in Bangalore, operates in the Banking And Finance sector with a focus on rural micro financing for women. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. CreditAccess Grameen IPO size is ₹ 1131.19 Cr. with fresh issue size of ₹ 1,131 and Offer for sale being ₹ Nil
The IPO allotment date for CreditAccess Grameen IPO is expected to be 16th August 2018, after the finalization of basis of allotment. Investors can check CreditAccess Grameen IPO allotment status on the registrars website, Kfin Technologies Limited . CreditAccess Grameen IPO refund dates are 20th August 2018.
CreditAccess Grameen IPO is expected to be listed on 23rd August 2018.
The upper price band for the CreditAccess Grameen IPO is set at ₹ 422.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on CreditAccess Grameen IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the CreditAccess Grameen IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 10th August 2018. After submission, funds are blocked until the basis of allotment of CreditAccess Grameen IPO is finalised.
The merchant banker for CreditAccess Grameen IPO is Credit Suisse Securities (India) Private Limited , ICICI Securities Limited , IIFL Securities Limited , Kotak Mahindra Capital Company Limited . Credit Suisse Securities (India) Private Limited , ICICI Securities Limited , IIFL Securities Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the CreditAccess Grameen IPO RHP for further details.
The registrar for CreditAccess Grameen IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to CreditAccess Grameen IPO through their official website or helpline.
CreditAccess Grameen IPO was subscribed 2.22 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
CreditAccess Grameen IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on CreditAccess Grameen Financial Review Page
Merchant Banker(s) of CreditAccess Grameen IPO: Credit Suisse Securities (India) Private Limited , ICICI Securities Limited , IIFL Securities Limited , Kotak Mahindra Capital Company Limited
CreditAccess Grameen IPO subscription was 2.22 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
CreditAccess Grameen IPO listed at a listing price of 420.80 against the offer price of 422.00.
The current market price of CreditAccess Grameen is 1269.70.
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