Exchanges
BSE, NSE
Issue
Book building

CreditAccess Grameen IPO

₹422.05

+0.01% on listing

Listing-day close · NSE · 23 Aug 2018 · issue price ₹422

CreditAccess Grameen’s ₹1,131 crore IPO was priced at ₹422 a share. It listed on the NSE on 23 Aug 2018 and closed its first day at ₹422.05, up 0.01% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,131 Cr
Fresh issue
₹630 Cr
Offer for sale
₹501 Cr
Lot size
35 shares
Minimum investment
₹14,770
Face value
₹10
Registrar
Kfin Technologies

Subscription

CreditAccess Grameen IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.76×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹6,050 Cr
Promoter holding
98.88% → 88.27%

From the offer documents.

Listing

Listing date
23 Aug 2018
Issue price
₹422
Open
₹390.00
High
₹426.90
Low
₹385.00
Close
₹422.05

Listing day on the NSE. The close was +0.01% on the issue price.

CREDITACC share price today

FAQs

When did the CreditAccess Grameen IPO open and close?

It opened on 8 Aug 2018 and closed on 10 Aug 2018.

What was the CreditAccess Grameen IPO price?

The price band was ₹418–422 a share. The final issue price was ₹422.

What is the lot size and minimum investment?

One lot is 35 shares, ₹14,770 at ₹422 a share. Retail investors apply in whole lots.

How much did CreditAccess Grameen raise?

₹1,131 crore: ₹630 crore of new shares and ₹501 crore offered by existing shareholders.

How many times was the CreditAccess Grameen IPO subscribed?

1.76 times overall.

How did CreditAccess Grameen list?

It listed on the NSE on 23 Aug 2018 at ₹390.00 and closed the day at ₹422.05, up 0.01% on the ₹422 issue price.

Who is the registrar of the CreditAccess Grameen IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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