- CreditAccess Grameen IPO – Review, Allotment Status, Price, Date & more
- Credit axis grameen ipo listing date
- CreditAccess Grameen Limited IPO (CreditAccess Grameen IPO) Detail
- CreditAccess Grameen Ltd. (IPO)
- CreditAccess Grameen IPO
- CreditAccess Grameen IPO: Here’s All You Need To Know
- Full Service Brokers
- CreditAccess Grameen IPO, Allotment Status, Date, Price, Lot Size, Subscription, Listing
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- CreditAccess Grameen IPO Allotment Date and Link
- Check CreditAccess Grameen IPO Allotment Status, Listing date, Share Price
- IPO Grey Market Premium, Price, GMP
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CreditAccess Grameen IPO – Review, Allotment Status, Price, Date & more
CreditAccess Grameen Limited IPO, CreditAccess Grameen IPO Details, CreditAccess Grameen IPO Allotment Status Online, Grey Market Premium and GMP
Micro-lender CreditAccess Grameen Ltd will be raising money through an initial public offer (IPO) from 08th August 2018 to 10th August 2018. The price band of the IPO is set between Rs. 418 – Rs. 422 per equity share. More details coming soon.
CreditAccess Grameen Limited is a leading Indian micro-finance institution.
Credit axis grameen ipo listing date
With this IPO, the company wants to raise Rs. 1,131 crores from the markets. Investors should note that this IPO is a mixture of the fresh issue and an offer for sale (OFS).
Through the fresh issue portion, the company will issue shares up to Rs.
CreditAccess Grameen Limited IPO (CreditAccess Grameen IPO) Detail
630 crores while the offer for sale portion will see shares worth Rs. 501.18 crores.
At the upper end of the price band which is Rs. 422, the company will be valued at about Rs. 6,049.63 crore. This is the first mainline IPO in the month of August. The IPO Allotment will be done around 16th August 2018.
The investors can make a bid for or a minimum of 35 equity shares and multiples of 35 thereof.
CreditAccess Grameen Ltd. (IPO)
Those investors who are interested and want to know more about the Price, Dates, Financials etc must download the DRHP which is given below. The other details such as Allotment, Grey Market Premium, GMP Rates, Subscription, Review, Listing Dates etc are given in the below area.
CreditAccess Grameen IPO
About the company:
- CreditAccess Grameen Limited is a leading micro-finance institution in India.
- The company was incorporated in 1991 and it is based in Bengaluru.
- The company mainly provides micro-loans to women customers primarily in Rural Areas in India.
- CRISIL Research rated it third largest NBFC-MFI in India in terms of gross loan portfolio
- The company covers 132 districts in the eight states (Karnataka, Chhattisgarh, Madhya Pradesh, Odisha, Maharashtra, Tamil Nadu, Kerala, Goa) and one union territory (Puducherry).
- As of March 31, 2018, it has 516 branches and 4,544 loan officers.
Company Promoters: CREDITACCESS ASIA N.V.
Objects of the Issue
About the IPO
- The company wants to garner Rs.
1,131 crores through this IPO.
- The application process will be open from 08th August 2018 to 10th August 2018.
- The company has set a price band of Rs.
CreditAccess Grameen IPO: Here’s All You Need To Know
422 per share.
- Bids can be made for a minimum lot of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.
- The issue will consist of the fresh issue and an offer for sale of up to 1,18,76,485 equity shares by the promoter.
- The fresh issue will consist of Rs.
630 crores and an offer for sale (OFS) of Rs.
Full Service Brokers
- Book running lead managers to the issue are ICICI Securities, Credit Suisse, IIFL and Kotak Investment Banking.
- The value of the company will be Rs. 6,049.63 crore at the upper end of the price band i.e. Rs. 422.
- Retail category investor can apply up to a maximum of Rs 2 lakh.
CreditAccess Grameen IPO, Allotment Status, Date, Price, Lot Size, Subscription, Listing
CreditAccess Grameen IPO Allotment Date and Link
The allotment of the IPO will be finalised on 16th August 2018.
Check CreditAccess Grameen IPO Allotment Status, Listing date, Share Price
Please check this page later.
IPO Grey Market Premium, Price, GMP
|09 Aug 2018||Rs.
|Rs. 200||Rs. 400|
- Earnings Per Share (EPS): Rs.
- Price/Earnings (P/E) ratio: 34.51 – 34.84
- Return on Net Worth (RONW): 8.73%
- Net Asset Value (NAV): Rs. 111.12 per share
|Category||SHARES OFFERED||08 Aug 2018||09 Aug 2018||10 Aug 2018|
The listing of the shares of this IPO will be done on 23rd August 2018.
CreditAccess Grameen Limited Address
IPO DRHP / Prospectus
Download Now – Click Here.
Offer for Sale
- To carry out the sale of shares by the Selling Shareholders.
- Provide liquidity to the existing Shareholders.
Note: Company will not receive any proceeds from the Offer as all the proceeds will go the Selling shareholders.
- To meet future capital requirements.
- General corporate purposes.
- Receive the benefits of listing of the Equity Shares on the Stock Exchanges.
- Enhancement of the Company’s brand name and creation of a public market for the Equity Shares in India.
- Telephone: +91 40 6716 2222
- Fax: +91 40 2343 1551
- Email: [email protected]
- Website: https://karisma.karvy.com
49 (Old No. 725), 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalyan Mantap, Bangalore 560 071, Karnataka, India
Telephone: +91 80 2263 7300;
Fax: +91 80 2664 3433;
E-mail: [email protected];