One 97 Communications Limited IPO
One 97 Communications Limited was a mainboard IPO in the Financial Technology (Fintech) sector, offered at ₹2,080–₹2,150 per share to raise ₹18,300 crore. The issue was subscribed 1.89× overall (QIBs 2.79×, NIIs 0.24×, retail 1.66×). It listed on 18 Nov 2021 at ₹1,950 and closed its first day at ₹1,561, a listing loss of -27.4% versus the ₹2,150 issue price. It now trades around ₹1,634 (-24.0% versus the issue price).
Frequently asked questions
- How many times was the One 97 Communications Limited IPO subscribed?
- The One 97 Communications Limited IPO was subscribed 1.89× overall — 2.79× in the QIB category, 0.24× among non-institutional investors, 1.66× in retail.
- What were the One 97 Communications Limited IPO listing gains?
- One 97 Communications Limited listed on 18 Nov 2021 at ₹1,950, closing its first day at ₹1,561 — a listing loss of -27.4% versus the ₹2,150 issue price.
- What were the retail allotment odds for the One 97 Communications Limited IPO?
- Retail was subscribed 1.66×, so a single-lot application had roughly a 60.2% chance of allotment (about 1 in 2), and allotment was finalised on 12 Nov 2021.
- What was the price band and lot size of the One 97 Communications Limited IPO?
- The price band was ₹2,080–₹2,150 per share, with a minimum lot of 6 shares (₹12,900 at the upper band).
- Who were the registrar and lead manager for the One 97 Communications Limited IPO?
- Link Intime India Private Limited was the registrar, and Morgan Stanley was the book-running lead manager.