AU Small Finance Bank IPO
AU Small Finance Bank Limited (AUBANK) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 10 July 2017.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,04,84,434 | 82,59,06,255 | 78.8x | |
| NII (HNI) total | 78,63,326 | 1,12,84,76,251 | 144x | |
| Retail | 1,83,47,760 | 6,46,09,727 | 3.52x | |
| Employees | 10,00,000 | 14,45,332 | 1.45x | |
| Total | 3,76,95,520 | 2,02,04,37,565 | 53.6x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 3% 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 AU Small Finance Bank's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Endurance TechnologiesOct 2016 | 53.4x | 127x | 2.69x | 43.8x | ₹1,162 Cr | +21.2% | +38.6% |
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
| BSEJan 2017 | 48.6x | 159x | 6.48x | 51.2x | ₹1,243 Cr | +34.6% | +48.9% |
| S Chand and CompanyApr 2017 | 44.3x | 205x | 6.07x | 59.5x | ₹737 Cr | +4.5% | +4.5% |
| Ujjivan Financial ServicesMay 2016 | 33.8x | 135x | 4.02x | 40.7x | ₹892 Cr | +10.4% | +16.5% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| ICICI Securities | 109 | +21.3% | 69% |
| HDFC Bank | 16 | +15.8% | 75% |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| Citigroup Global Markets India | 35 | +14.2% | 63% |
Offer documents (NSE)
Frequently asked
What is the AU Small Finance Bank IPO price band and lot size? ₹355–358 per share, with a lot of 41 shares, so the smallest retail bid is ₹14,678.
How many times has it been subscribed? 53.6x overall: QIB 78.8x, NII 144x, retail 3.52x, employees 1.45x.
How did it list? It opened at ₹530, +48.0% against the issue price of ₹358, and closed its first day +51.3%.