CREDITACCESS GRAMEEN LIMITED IPO
CREDITACCESS GRAMEEN LIMITED was a mainboard IPO, offered at ₹418–₹422 per share to raise ₹1,131 crore. The issue was subscribed 2.22× overall (QIBs 5.52×, NIIs 0.98×, retail 0.88×). It listed on 23 Aug 2018 and closed its first day at ₹422, a listing gain of +0.0% versus the ₹422 issue price. It now trades around ₹1,024 (+142.6% versus the issue price).
Frequently asked questions
- How many times was the CREDITACCESS GRAMEEN LIMITED IPO subscribed?
- The CREDITACCESS GRAMEEN LIMITED IPO was subscribed 2.22× overall — 5.52× in the QIB category, 0.98× among non-institutional investors, 0.88× in retail.
- What were the CREDITACCESS GRAMEEN LIMITED IPO listing gains?
- CREDITACCESS GRAMEEN LIMITED listed on 23 Aug 2018, closing its first day at ₹422 — a listing gain of +0.0% versus the ₹422 issue price.
- What were the retail allotment odds for the CREDITACCESS GRAMEEN LIMITED IPO?
- Retail was subscribed 0.88×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 17 Aug 2018.
- What was the price band and lot size of the CREDITACCESS GRAMEEN LIMITED IPO?
- The price band was ₹418–₹422 per share, with a minimum lot of 35 shares (₹14,770 at the upper band).
- Who were the registrar and lead manager for the CREDITACCESS GRAMEEN LIMITED IPO?
- Karvy Computershare Private Limited was the registrar to the issue.