Ami Organics Limited which had tapped the capital markets with its fresh issue of Rs 200 crs and an OFS for 60,59,600 shares in a price band of Rs 603-610 was subscribed 64.59 times.
The company had earlier completed allocation to anchor investors. The company allotted 28,01,485 shares to 15 anchor investors comprising of 20 entities at Rs 610. The issue had opened on Wednesday the 1st of September and closed on Friday the 3rd of September.
The highest allocation was made to State Bank of India who was allotted 4,09,848 shares or 14.63% of the anchor book to two entities. This was followed by four anchor investors who were each allotted 2,45,904 shares or 8.78% of the anchor book. This was followed by SBI Life Insurance who was allotted 2,29,032 shares or 8.18% of the anchor book. This effectively meant that the top seven investors were allotted 64.38% of the anchor book.
The QIB portion was subscribed 86.02 times, HNI portion was subscribed 155.44 times and Retail portion was subscribed 13.42 times. The number of applications received were 15.52 lacs.
Full details of the subscription category wise are given below: –
Ami Organics Subscription
Bucket Size | Shares Applied for | Times Oversubscribed | |
QIB | 1867658 | 160651704 | 86.02 |
HNI | 1400744 | 217732320 | 155.44 |
Retail | 3268401 | 43852272 | 13.42 |
Total | 6536803 | 422236296 | 64.59 |