delaPlex IPO's retail portion fully subscribed. Check anchor allotment, GMP, other details
IPO) of DelaPlex was subscribed at 0.69 by 1 pm on Thursday, the opening day. The issue received 16.65 lakh share bids against 24 lakh equity shares available for subscription.
Want to take exposure to a sector which grows much faster than GDP
The portion for retail individual investors was fully subscribed at 1.85 times, receiving 1,480,200 share bids against the reserved quota while the non-institutional investors got 184,800 share bids around 12:20 pm. The Qualified Institutional Buyers' (QIBs) portion was yet to open the account around this time.
IPO anchor allotment
The company raised Rs 13.09 crore from nine investors via anchor allotment in which 682,800 shares were on offer. The highest portion was allocated to Chanakya Opportunities Fund-I at 22.93% followed by Kingsman Wealth Fund PCC KIF-II (15.29%) and Meru Investment Fund PCC- Cell (10.54%). The shares were allotted at a bid price of Rs 192 per share.
About delaPlex IPO
The total offer size is 24 lakh shares comprising fresh issue of 18 lakh share while an offer for sale (OFS) of 6 lakh shares. The company plans to raise a total of Rs 46.08 crore at the upper price band. The face value is Rs 10 per equity share.
delaPlex IPO offer details
The company has set the price band at Rs 186 — Rs 192 per equity share. Retail investors can subscribe a minimum of 1 lot or 600 shares and in multiples of 600 shares thereafter. The maximum subscription amount is Rs 2 lakh.
delaPlex IPO GMP
The shares of delaPlex were commanding a grey market premium of Rs 120 per share.
delaPlex IPO issue type
The issue type is book building.
delaPlex IPO subscription quota
Not less than 35% of the net offer of up to 797,400 equity shares will be available for allocation
