Windlas Biotech Limited – Issue Subscribed over 22 times

Windlas Biotech Limited which had tapped the capital markets with its fresh issue of Rs 165 crs and an offer for sale of 51,42,067 equity shares in a price band of Rs 448-460, was subscribed 22.56 times.

Earlier the company had completed its allocation to anchor investors by allotting 26,18,706 equity shares at Rs 460 to 12 anchor investors comprising of 22 entities.

The highest allocation was made ICICI Prudential Pharma Healthcare Fund of 5,43,450 equity shares or 20.75% of the anchor allocation. This was followed by an equal allotment of 2,17,410 shares or 8.30% to 8 anchors. This implies that the top nine anchors were allotted 87.15% of the anchor portion.

The issue had opened on Wednesday the 4th of August and closed on Friday the 6th of August.

The QIB portion was subscribed 24.10 times, HNI portion was subscribed 15.91 times while Retail portion was subscribed 24.54 times. There were 21.01 lac applications and on basis of applications, the retail issue was subscribed 20.63 times.

Full details of the subscription are given below: –

Windlas Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 1745804 42065880 24.10
HNI 1309354 20826420 15.91
Retail

3055159 74961960 24.54
Total

6110317 137854260 22.56

Devyani International Limited – Issue subscribed over 116 times

Devyani International Limited, had tapped the capital markets with its fresh issue for Rs 440 crs and an offer for sale of 15.53 cr shares in a price band of Rs 86-90. The issue was subscribed 116.71 times overall.

Earlier the company had completed allocation to anchor investors by allotting 9,16,52,499 shares to 35 anchor investors comprising of 63 entities. The company allotted an equal 37,14,480 shares or 4.05% of the anchor to 17 anchor investors.

The list of anchors includes FPI’s large marquee investors and mutual funds from across the world, betting on consumption rising in India going forward.

The QIB portion was subscribed 95.27 times, HNI portion was subscribed 213.06 times while Retail portion was subscribed 39.52 times. Employee portion was subscribed 4.70 times. There were 38.40 lac applications and on basis of applications, the retail issue was subscribed 31.11 times.

Full details of the subscrition are given below: –

Devyani Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 61101666 5821349490 95.27
HNI 30550832 6509055465 213.06
Retail

20367221 804933360 39.52
Employee 550000 2583240 4.70
Total

112569719 13137921555 116.71

Exxaro Tiles Limited- Issue subscribed 22.68 times

Exxaro Tiles Limited which had tapped the capital markets with its fresh issue for 1,11,86,000 shares and an offer for sale of 22,38,000 in a price band of Rs 118-120, was subscribed 22.68 times.

Earlier the company had completed allocation to anchor investors. The issue which had opened on Wednesday the 4th of August and closed on Friday the 6th of August, saw the company allotting 19,73,325 shares at Rs 120 per share.

The company allotted the shares to two anchors comprising of three entities. The highest allocation was given to Quant Mutual Fund, who was allotted 15,56,500 shares or 68.88% of the anchor allotment equally in two schemes. The second mutual fund who was allotted shares was AG Dynamic Funds who was allotted 4,16,825 shares or 21.12% of the anchor book.

The QIB portion was subscribed 17.67 times, HNI portion was subscribed 5.36 times while Retail portion was subscribed 40.10 times. Employee portion was subscribed 2.53 times. There were 21.10 lac applications and on basis of applications, the retail issue was subscribed 34.58 times.

Full details of the subscription are given below: –

Exxaro Tiles Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 1315550 23250500 17.67
HNI 4604425 24687750 5.36
Retail

5262200 211036125 40.10
Employee 268500 678250 2.53
Total

11450675 259652625 22.68
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