Tuesday, June 27, 2017

Au Financiers IPO Subscription Status - IPO Subcribed 53.54 times overall

Au Financiers aka Au Small Bank IPO is on a good mood and investors will get a chance to subscribe as there are no other IPOs to open for subscription as of now. The things are positive and the small bank can create a good jump in stock market on listing day. As the Au Bank IPO size is big still one can expect a good number of subscription.We can expect Au Small Bank IPO to subscribe around 3-4 times in retail. Have another good listing around 25-30% gain on the same day.

Au Small Bank IPO Subscription: (Fully Subscribed)

Day 1 0.00 0.08 0.32 0.16 0.18
Day 2 2.47 0.70 1.07 0.44 1.36
Day 3 78.77 143.51 3.40 1.42 53.54

Au Financiers IPO Dates & Price Band:
  • IPO Open: 28-June-17
  • IPO Close: 30-June-17
  • IPO Size: Approx Rs. 1912 Crores (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 355 to 358 Per Share
  • Listing on: BSE & NSE
Au Financiers IPO Market Lot:
  • Shares: Apply for 41 Shares (Minimum Lot Size)
  • Amount: Rs.14,678
Au Financiers IPO Allotment & Listing:
  • Basis of Allotment: 05-July-17
  • Refunds: 06-July-17
  • Credit to demat accounts: 07-July-17
  • Listing: 10-July-17