Advanced Enzyme Technologies Limited IPO
Advanced Enzyme Technologies Limited was a mainboard IPO in the Biotechnology sector, offered at ₹176–₹179.2 per share to raise ₹412 crore. The issue was subscribed 116.02× overall (QIBs 94.03×, NIIs 393.1×, retail 11.67×). It listed on 1 Aug 2016 at ₹242 and closed its first day at ₹236, a listing gain of +31.5% versus the ₹179.2 issue price. It now trades around ₹264 (+47.1% versus the issue price).
Frequently asked questions
- How many times was the Advanced Enzyme Technologies Limited IPO subscribed?
- The Advanced Enzyme Technologies Limited IPO was subscribed 116.02× overall — 94.03× in the QIB category, 393.1× among non-institutional investors, 11.67× in retail.
- What were the Advanced Enzyme Technologies Limited IPO listing gains?
- Advanced Enzyme Technologies Limited listed on 1 Aug 2016 at ₹242, closing its first day at ₹236 — a listing gain of +31.5% versus the ₹179.2 issue price.
- What were the retail allotment odds for the Advanced Enzyme Technologies Limited IPO?
- Retail was subscribed 11.67×, so a single-lot application had roughly a 8.6% chance of allotment (about 1 in 12), and allotment was finalised on 26 Jul 2016.
- What was the price band and lot size of the Advanced Enzyme Technologies Limited IPO?
- The price band was ₹176–₹179.2 per share, with a minimum lot of 16 shares (₹2,867 at the upper band).
- Who were the registrar and lead manager for the Advanced Enzyme Technologies Limited IPO?
- Link Intime India Private Limited was the registrar to the issue.