Affle India Limited IPO
Affle India Limited was a mainboard IPO in the IT Enabled Services sector, offered at ₹148–₹149 per share to raise ₹459 crore. The issue was subscribed 86.49× overall (QIBs 55.31×, NIIs 198.69×, retail 10.96×). It listed on 8 Aug 2019 at ₹185 and closed its first day at ₹175, a listing gain of +17.3% versus the ₹149 issue price. It now trades around ₹1,342 (+800.5% versus the issue price).
Frequently asked questions
- How many times was the Affle India Limited IPO subscribed?
- The Affle India Limited IPO was subscribed 86.49× overall — 55.31× in the QIB category, 198.69× among non-institutional investors, 10.96× in retail.
- What were the Affle India Limited IPO listing gains?
- Affle India Limited listed on 8 Aug 2019 at ₹185, closing its first day at ₹175 — a listing gain of +17.3% versus the ₹149 issue price.
- What were the retail allotment odds for the Affle India Limited IPO?
- Retail was subscribed 10.96×, so a single-lot application had roughly a 9.1% chance of allotment (about 1 in 11), and allotment was finalised on 2 Aug 2019.
- What was the price band and lot size of the Affle India Limited IPO?
- The price band was ₹148–₹149 per share, with a minimum lot of 20 shares (₹2,980 at the upper band).
- Who were the registrar and lead manager for the Affle India Limited IPO?
- Karvy Fintech Private Limited was the registrar, and ICICI Securities was the book-running lead manager.