Aptus Value Housing Finance IPO was subscribed 17.20 times on the final day, while Chemplast Sanmar IPO witnessed 2.17 times subscription, data available on the BSE showed.
The Aptus Value Housing Finance IPO received bids for over 94.82 crore (94,82,42,442) shares against the total issue size of over 5.51 crore (5,51,28,500) shares, the BSE data showed.
The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 32.41 times, while those of non institutional investors was subscribed 33.91 times and that of retail individual investors (RIIs) was subscribed 1.35 times, the data showed.
The Rs 2,780 crore IPO of Aptus Value Housing Finance had opened for subscription on Tuesday, August 10, 2021, and concluded at 5 pm today. It had a price band of Rs 346-353 per share and before heading into the IPO, the company over Rs 834 crore (Rs 8,34,01,54,500) from 36 anchor investors in lieu of 2,36,26,500 equity shares at Rs 353 each.
Speaking of Chemplast Sanmar, the IPO of the specialty chemicals manufacturer has so far received bids for over 8.66 crore (8,66,38,140) shares against the total issue size of over 3.99 crore (3,99,52,829) shares, according to the stock exchange data.
The shares which are to be allocated for the QIBs was subscribed 2.70 times, while those of non institutional investors was subscribed 1.03 times and that of RIIs was subscribed 2.29 times, the data showed.
The Rs 3,850 crore IPO of the specialty chemicals too had opened for subscription on Tuesday, August 10, 2021, and concluded today. It had a price band of Rs 530-541 per share and before heading into the IPO, Chemplast Sanmar raised over Rs 1,732 crore (Rs 17,32,49,99,689) from 78 anchor investors in lieu of 3,20,24,029 equity shares at Rs 541 each.
Going ahead, investors will now look forward to the share allotment date of both issues. The finalisation of the basis of allotment for both Chemplast Sanmar and Aptus Value Housing Finance India is expected to take place on Wednesday, August 18, 2021, as per the information provided in the red herring prospectus of both companies.