114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

CreditAccess Grameen IPO (CreditAccess Grameen Limited IPO) Detail

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.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

CreditAccess Grameen IPO Date

Date of DRHP:
24th January 2018
IPO Open Date:
8th August 2018
IPO Close Date:
10th August 2018
IPO Allotment Date:
16th August 2018
Initiation of Refund:
20th August 2018
IPO Listing Date:
23rd August 2018

CreditAccess Grameen IPO Info, Size, Subscription

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.

IPO Size :
₹ 1,131.19 Cr.

Issue Price:
₹ 422.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
48.00

Subscription :
2.22 times

Pre Issue Promoter Holding :
98.88 %

Post Issue Promoter Holding :
88.27 %

CreditAccess Grameen IPO Information

Sub Sector : rural micro financing for women
CreditAccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bangalore, focusing on providing micro-loans to women customers, primarily in rural areas of India. According to CRISIL Research, it was the third-largest NBFC-MFI in India in terms of gross loan portfolio as of March 31, 2017. The company offers a wide range of lending products catering to the critical needs of its customers throughout their life cycle, including income generation, family welfare, home improvement, and emergency loans. Its customer-centric business model, diverse product offerings, and efficient delivery and collection systems have contributed to high customer retention rates and low credit costs.
The company predominantly serves rural areas, where access to formal banking services is limited. Its products are designed with a deep understanding of
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Object of Issue (CreditAccess Grameen IPO Objectives)

  • The Offer comprises of the Fresh Issue and the Offer for Sale
  • The Company will not receive any proceeds from the
  • Offer for Sale
  • The net Proceeds from the Fresh Issue will be utilized towards augmenting the capital base to meet future capital requirements of the company which are
  • expected to arise out of growth in the Company's assets, primarily the Company's loans and advances and other investments

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.

What is CreditAccess Grameen IPO?

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

When is CreditAccess Grameen IPO allotment?

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.

When is CreditAccess Grameen IPO listing date?

CreditAccess Grameen IPO is expected to be listed on 23rd August 2018.

What is the price band for CreditAccess Grameen IPO?

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.

What is CreditAccess Grameen IPO Review?

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.

How to Apply for CreditAccess Grameen IPO?

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.

Who is the merchant banker of CreditAccess Grameen IPO?

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.

Who is the Registrar of CreditAccess Grameen IPO?

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.

What is the CreditAccess Grameen IPO subscription?

CreditAccess Grameen IPO was subscribed 2.22 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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Read more details of this IPO

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FAQs

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

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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