Advanced Enzyme Technologies IPO
Advanced Enzyme Technologies Limited (ADVENZYMES) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 01 August 2016.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 9,18,908 | 8,64,06,528 | 94.0x | |
| NII (HNI) total | 6,86,989 | 27,00,55,920 | 393x | |
| Retail | 16,02,974 | 1,86,99,488 | 11.7x | |
| Employees | 25,188 | 43,584 | 1.73x | |
| Total | 32,34,059 | 37,52,05,520 | 116x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Advanced Enzyme Technologies's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| Quess CorpJul 2016 | 59.0x | 392x | 34.1x | 144x | ₹411 Cr | +57.7% | +60.7% |
| TeamLease ServicesFeb 2016 | 27.0x | 185x | 10.6x | 66.0x | ₹450 Cr | +1.2% | +21.4% |
| Ujjivan Financial ServicesMay 2016 | 33.8x | 135x | 4.02x | 40.7x | ₹892 Cr | +10.4% | +16.5% |
| Larsen & Toubro InfotechJul 2016 | 19.9x | 10.8x | 7.39x | 11.7x | ₹1,242 Cr | -6.1% | 0.0% |
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
Offer documents (NSE)
Frequently asked
What is the Advanced Enzyme Technologies IPO price band and lot size? ₹880–896 per share.
How many times has it been subscribed? 116x overall: QIB 94.0x, NII 393x, retail 11.7x, employees 1.73x.
How did it list? It opened at ₹1,210, +35.0% against the issue price of ₹896, and closed its first day +31.5%.