Free Account Opening + AMC Free Demat
Loading...
August 8, 2018 - August 10, 2018

CreditAccess Grameen IPO FAQ

CreditAccess Grameen IPO Date & Price

The CreditAccess Grameen IPO opens on August 8, 2018 and closes on August 10, 2018.

CreditAccess Grameen IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 8, 2018
  • Bid/Offer Closes On: August 10, 2018
  • Finalization of Basis of Allotment: August 16, 2018
  • Initiation of refunds: August 20, 2018
  • Credit of Equity Shares: August 21, 2018
  • Listing Date: August 23, 2018

CreditAccess Grameen IPO price is set at ₹422 per equity share.

CreditAccess Grameen IPO will close for subscription at 5 PM on August 10, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The CreditAccess Grameen IPO starts on August 8, 2018. The issue ends on August 10, 2018.

CreditAccess Grameen IPO Issue Size and Subscription Status

The CreditAccess Grameen IPO size is 26805394 Equity Shares of ₹10 aggregating up to ₹1,131.19 Cr.

CreditAccess Grameen Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for CreditAccess Grameen IPO shares through the banks (using ASBA) or through the broker (using UPI).

CreditAccess Grameen IPO Offer Size

Qualified Institutional Buyers (QIB)5,355,555 Shares
Non-Institutional Investors (NII)4,042,239 Shares
Retail Individual Investor (RII)9,431,890 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size18,829,684 Shares

CreditAccess Grameen IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)5.52 times times
Non-Institutional Investors (NII)0.98 times times
Retail Individual Investor (RII)0.87 times times
Employee Reservations times
Other Reservations times
Total Issue Size2.22 times times

Click here to check the CreditAccess Grameen IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in CreditAccess Grameen IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check CreditAccess Grameen IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

CreditAccess Grameen IPO Allotment and Listing

The CreditAccess Grameen IPO allot status will be available online on August 16, 2018. Check the CreditAccess Grameen IPO Allotment Status here.

Click here to check CreditAccess Grameen IPO Allotment Status.

CreditAccess Grameen IPO listing Date is August 23, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The CreditAccess Grameen IPO listing date and time is published by the exchange in a circular.

Click here to view the CreditAccess Grameen IPO Basis of Allotment.

It is hard to say at what price CreditAccess Grameen IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The CreditAccess Grameen IPO shares will list on August 23, 2018 at BSE, NSE.

CreditAccess Grameen IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about CreditAccess Grameen IPO which could help you with questions like CreditAccess Grameen IPO buy or not? You should also read CreditAccess Grameen IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

CreditAccess Grameen IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the CreditAccess Grameen IPO performance. The performance reports are available 1 day after listing.