Advanced Enzyme Technologies IPO

Advanced Enzyme Technologies Limited (ADVENZYMES) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 01 August 2016.

Listed 1 Aug Subscribed 116x Listing gain +35.0%

Issue details

Price band
₹880–896
Issue price
₹896
Lot size
—
Min. retail bid
—
Issue size
₹413 Cr
Face value
₹10
Bidding
20 Jul – 22 Jul 2016
Listing
01 Aug 2016
Retail quota
35%
Registrar
Link Intime India Private Limited
Discount
Rs 86 to Eligible Employees category only

Listing day

Listed at
₹1,210
+35.0% vs issue price ₹896
Day's high
₹1,244
+38.8% · low ₹1,168 (+30.4%)
Day's close
₹1,178
+31.5% · traded ₹607 Cr

Subscription status

CategoryShares offeredShares bid forSubscribed
QIB (institutions) 9,18,9088,64,06,528 94.0x
NII (HNI) total 6,86,98927,00,55,920 393x
Retail 16,02,9741,86,99,488 11.7x
Employees 25,18843,584 1.73x
Total 32,34,05937,52,05,520 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.

IPOQIBNIIRetailTotalSizeListing gainDay high
Thyrocare TechnologiesApr 2016 73.2x225x 8.73x73.5x ₹479 Cr +49.1%+49.1%
Quess CorpJul 2016 59.0x392x 34.1x144x ₹411 Cr +57.7%+60.7%
TeamLease ServicesFeb 2016 27.0x185x 10.6x66.0x ₹450 Cr +1.2%+21.4%
Ujjivan Financial ServicesMay 2016 33.8x135x 4.02x40.7x ₹892 Cr +10.4%+16.5%
Larsen & Toubro InfotechJul 2016 19.9x10.8x 7.39x11.7x ₹1,242 Cr -6.1%0.0%
Precision CamshaftsJan 2016 2.62x0.73x 2.01x1.91x ₹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%.

Other IPOs of 2016

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.
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