Anda di halaman 1dari 18

About Public Issues

Corporates may raise capital in the primary market by way of an initial public offer, rights issue or private placement. An Init
Public Offer (IPO) is the selling of securities to the public in the primary market. This Initial Public Offering can be made thro
fixed price method, book building method or a combination of both.

There are two types of Public Issues:

ISSUE TYPE OFFER DEMAND PAYMENT RESERVATIONS


PRICE
Fixed Price Issues Price at which the Demand for the 100 % advance 50 % of the shares
securities are securities offered payment is required offered are reserved for
offered and would is known only after to be made by the applications below Rs. 1
be allotted is the closure of the investors at the time lakh and the balance for
made known in issue of application. higher amount
advance to the applications.
investors
Book BuildingIssues A 20 % price band Demand for the 10 % advance 50 % of shares offered
is offered by the securities offered , payment is required are reserved for QIBS, 35
issuer within and at various to be made by the % for small investors and
which investors prices, is available QIBs along with the the balance for all other
are allowed to bid on a real time application, while investors.
and the final price basis on the BSE other categories of
is determined by website during the investors have to
the issuer only bidding period.. pay 100 % advance
after closure of the along with the
bidding. application.

More About Book Building

Book Building is essentially a process used by companies raising capital through Public Offerings-both Initial Public Offers (
Follow-on Public Offers ( FPOs) to aid price and demand discovery. It is a mechanism where, during the period for which th
for the offer is open, the bids are collected from investors at various prices, which are within the price band specified by the
The process is directed towards both the institutional as well as the retail investors. The issue price is determined after the
closure based on the demand generated in the process.

The Process:

• The Issuer who is planning an offer nominates lead merchant banker(s) as 'book runners'.
• The Issuer specifies the number of securities to be issued and the price band for the bids.
• The Issuer also appoints syndicate members with whom orders are to be placed by the investors.
• The syndicate members input the orders into an 'electronic book'. This process is called 'bidding' and is similar to o
auction.
• The book normally remains open for a period of 5 days.
• Bids have to be entered within the specified price band.
• Bids can be revised by the bidders before the book closes.
• On the close of the book building period, the book runners evaluate the bids on the basis of the demand at various
levels.
• The book runners and the Issuer decide the final price at which the securities shall be issued.
• Generally, the number of shares are fixed, the issue size gets frozen based on the final price per share.
• Allocation of securities is made to the successful bidders. The rest get refund orders.

Guidelines for Book Building


Rules governing Book building are covered in Chapter XI of the Securities and Exchange Board of India (Disclosure and Inv
Protection) Guidelines 2000.

BSE's Book Building System

• BSE offers a book building platform through the Book Building software that runs on the BSE Private network.
• This system is one of the largest electronic book building networks in the world, spanning over 350 Indian cities thro
over 7000 Trader Work Stations via leased lines, VSATs and Campus LANS.
• The software is operated by book-runners of the issue and by the syndicate members , for electronically placing the
line real-time for the entire bidding period.

• In order to provide transparency, the system provides visual graphs displaying price v/s quantity on the BSE websit
as all BSE terminals.
Past Issues Through NSE
Select the Year
S Name of LT Book Date No. No Issu Pric Issu Da Intr Rati Gr
r. the issue P Runnin of of . of e e e te odu ng ade
N g Lead Issu me Bi Size Ran Pric of ced age ass
o Manag e mb ddi (lak ge e Li in ncy ign
. er ers ng h (Rs. sti F& ed
ce shar ) ng O
nte es) alon
rs gwit
h
IPO
$
1 BAJAJ - Kotak 02/0 109 56 Publ Rs 660 * * CRI IP
CORP Mahin 8/20 ic 630 SIL O
LIMITED dra 10 issu to Gr
Capital to e of Rs ade
Compa 05/0 up 660 4
ny 8/20 to
Limite 10 4,50
d 0,00
0
equi
ty
shar
es of
Rs.
5/-
each
2 SKS - Kotak 28/0 135 72 Publ Rs 985 * * CA CA
MICROFI Mahin 7/20 ic 850 RE RE
NANCE dra 10 issu to IP
LIMITED Capital to e of Rs O
Compa 02/0 16,7 985 Gr
ny 8/20 91,5 ade
Limite 10 79 4
d, equi
Citigro ty
up shar
Global es of
Market Rs.
s India 10
Private each
Limite
d, and
Credit
Suisse
Securit
ies
(India)
Private
Limite
d
3 ENGINEE - ICICI 27/0 101 63 Furt Rs 290 * - N.A N.
RS INDIA Securit 7/20 her 270 A
LIMITED ies 10 publ to
Limite to ic Rs
d, 30/0 offer 290
IDFC 7/20 of
Capital 10 33,6
Limite 93,6
d, SBI 60
Capital equi
Market ty
s shar
Limite es of
d, and Rs.
HSBC 5
Securit each
ies and
Capital
Market
s
(India)
Pvt Ltd
4 MIDFIEL - Atherst 19/0 68 43 Publ Rs 133 * - Bric B
D one 7/20 ic 126 kwo W
INDUSTR Capital 10 Issu to rk R
IES Market to e of Rs Rati IP
LIMITED s 21/0 45,0 133 ngs O
Limite 7/20 0,00 Indi Gr
d 10 0 a ade
Equi Pvt. 2
ty Ltd.
Shar
es of
Rs.
10/-
each
5 HINDUST 17 Edelwe 05/0 98 57 Publ Rs 166. 21 - CRI gra
AN 9.5 iss 7/20 ic 162 00 - SIL de
MEDIA 0 Capital 10 Issu to JU Lim of
VENTUR Limite to e of Rs L- ited 4/5
ES d and 07/0 [.] 175 10
LIMITED Kotak 7/20 Equi
Mahin 10 ty
dra Shar
Capital es of
Compa Rs.
ny 10/-
Limite each
d for
cash
aggr
egati
ng
to
Rs.
270
0
milli
on
6 TECHNO 28 Collins 29/0 68 36 29,9 Rs 240. 16 - Fitc IP
FAB 6.7 Stewar 6/20 0,00 230 00 - h O
ENGINEE 5 t Inga 10 0 to JU Rati Gr
RING Private to Equi Rs L- ngs ade
LIMITED Limite 02/0 ty 240 10 Indi 3
d 7/20 Shar a (in
10 es Priv d)
ate
Lim
ited
7 ASTER 10 Saffron 24/0 70 57 Publ Rs.1 118. 28 - Bric gra
SILICATE 0.0 Capital 6/20 ic 12 00 - kwo de
S 5 Adviso 10 Issu to JU rk of
LIMITED rs to e of Rs L- Rati 2/5
Private 28/0 [.] 118 10 ngs
Limite 6/20 Equi Indi
d 10 ty a
Shar Priv
es of ate
Rs. Lim
10/- ited
each
for
cash
aggr
egati
ng
to
Rs.
531
0
lacs
8 PARABO 53. Avend 14/0 109 56 Publ Rs.7 75 01 - CA CA
LIC 25 us 6/20 ic 5 to - RE RE
DRUGS Capital 10 Issu Rs Jul and IP
LIMITED Private to e of 85 - BW O
Limite 17/0 [.] 20 R Gr
d and 6/20 Equi 10 ade
ICICI 10 ty 2
Securit Shar and
ies es of B
Limite Rs. W
d 10/- R
each IP
for O
cash Gr
aggr ade
egati 3
ng
to
Rs.
20,0
00
lacs
9 FATPIPE - KEYN 07/0 73 47 [.] Rs Issu * - Bric B
NETWOR OTE 6/20 Equi 80 e kwo W
KS INDIA CORP 10 ty to with rk R
LIMITED ORAT to Shar Rs dra Rati IP
E 14/0 es of 85 wn ngs O
SERVI 6/20 Rs. on Indi Gr
CES 10 10/- 14 a ade
LIMIT each JU Pvt. 2
ED for NE Ltd
cash 201
aggr 0
egati
ng
to
Rs.
490
0
lacs
1 STANDA - UBS 25/0 102 66 240 Rs 104 11 - N.A N.
0 RD Securit 5/20 0 100 - A
CHARTE ies 10 (ID to JU
RED PLC India to Rs) Rs N-
Private 28/0 115 10
Limite 5/20
d,Gold 10
man
Sachs
(India)
Securit
ies
Private
Limite
d,JM
Financi
al
Consul
tants
Private
Limite
d,
DSP
Merrill
Lynch
Limite
d,
Kotak
Mahin
dra
Capital
Compa
ny
Limite
d, SBI
Capital
Market
s
Limite
d and
Standa
rd
Charter
ed
STCI
Capital
Market
s
Limite
d
1 TARA - ATHE 28/0 97 44 100 Rs.1 Issu * - Fitc IP
1 HEALTH RSTO 4/20 75 e h O
FOODS NE 10 To with Rati Gr
LIMITED CAPIT to Rs.1 dra ngs adi
AL 05/0 85 wn Indi ng
MARK 5/20 on a 2
ETS 10 05 Pvt
LIMIT Ma Ltd
ED y
201
0
1 JAYPEE 82. Morga 29/0 141 69 [*] Rs 102. 21 - ICR IP
2 INFRATE 90 n 4/20 equi 102 00 - A O
CH Stanley 10 ty to M Ltd Gr
LIMITED India to shar Rs ay and ade
Compa 04/0 es 117 - CA 3
ny 5/20 by 20 RE
Private 10 the 10
Limite com
d, DSP pany
Merrill at
Lynch the
Limite issu
d, Axis e
Bank pric
Limite e
d, aggr
Enam egati
Securit ng
ies up
Private to
Limite Rs.
d, 16,5
ICICI 00
Securit milli
ies on
Limite (fres
d, h
IDFC issu
Capital e)
Limite and
d, JM an
Financi offer
al for
Consul sale
tants of
Private 60,0
Limite 00,0
d, 00
Kotak equi
Mahin ty
dra shar
Capital es
Compa
ny
Limite
d and
SBI
Capital
Market
s
Limite
d.
1 SJVN 23. JM 29/0 132 59 415 Rs.2 26.0 20 - CA IP
3 LIMITED 95 FINA 4/20 0 3 to 0 - RE O
NCIA 10 Rs M Gr
L to 26 ay ade
CONS 03/0 - 4
ULTA 5/20 20
NTS 10 10
PRIVA
TE
LIMIT
ED,ID
FC
CAPIT
AL
LIMIT
ED,ID
BI
CAPIT
AL
MARK
ET
SERVI
CES
LIMIT
ED,SB
I
CAPIT
AL
MARK
ETS
LIMIT
ED.
1 MANDHA 16 EDEL 27/0 89 56 83 Rs1 130. 19 - CRI Gr
4 NA 7.4 WEISS 4/20 20 00 - SIL ade
INDUSTR 5 CAPIT 10 to M 3
IES AL to Rs1 ay
LIMITED LIMIT 29/0 30 -
ED 4/20 20
AND 10 10
AXIS
BANK
LIMIT
ED
1 TARAPU 36. COMF 26/0 54 46 85 Rs 75.0 18 - CRI Gr
5 R 45 ORT 4/20 65 0 - SIL ade
TRANSF SECU 10 to M 1
ORMERS RITIE to Rs ay
LIMITED S PVT 28/0 75 -
LIMIT 4/20 20
ED 10 10
1 NITESH 39. ICICI 23/0 136 52 [.] Rs.5 54.0 13 - CRI IP
6 ESTATES 25 Securit 4/20 equi 4 to 0 - SIL O
LIMITED ies 10 ty Rs M Gr
Limite to shar 56 ay ade
d,Ena 27/0 es - 2/5
m 4/20 aggr 20
Securit 10 egati 10
ies ng
Private up
Limite to
d,Kota Rs
k 4,05
Mahin 0
dra milli
Capital on
Compa
ny
Limite
d,JM
Financi
al
Consul
tants
Private
Limite
d.
1 TALWAL 20 INDIA 21/0 95 60 60.5 Rs1 128. 10 - CA IP
7 KARS 2.9 INFOL 4/20 23 00 - RE O
BETTER 0 INE 10 to M GR
VALUE LIMIT to Rs1 ay AD
FITNESS ED 23/0 28 - E3
LIMITED 4/20 20
10 10
1 GOENKA 84. SBI 23/0 109 47 100 Rs. 135 16 - ICR IP
8 DIAMON 50 Capital 3/20 135 - A O
D& Market 10 to A Gr
JEWELS s to Rs. pr- ade
LIMITED Limite 26/0 145 20 2
d 3/20 10
10
1 INTRASO 98. Collins 23/0 96 33 37 Rs. 145 12 - CA IP
9 FT 05 Stewar 3/20 137 - RE O
TECHNO t Inga 10 to A Gr
LOGIES Private to Rs. P ade
LIMITED Limite 26/0 145 R- 3
d and 3/20 10
Anand 10
Rathi
Adviso
rs
Limite
d
2 SHREE 16 Axis 19/0 93 49 142. Rs.2 260. 09 - CA Car
0 GANESH 4.5 Bank 3/20 698 60 00 - RE e
JEWELLE 5 Limite 10 31 to A IP
RY d,ICIC to Rs. pr- O
HOUSE I 23/0 270 20 Gr
LIMITED Securit 3/20 10 ade
ies 10 3
Limite
d and
Avend
us
Capital
Private
Limite
d
2 PERSISTE 48 Enam 17/0 100 47 54.1 Rs.2 310. 06 - CRI IP
1 NT 2.1 Securit 3/20 9 90 00 - SIL O
SYSTEMS 0 ies 10 to A Rati Gr
LIMITED Private to Rs. pr- ngs ade
Limite 19/0 310 20 4
d,J.P. 3/20 10
Morga 10
n India
Private
Limite
d
2 IL&FS 29 Enam 11/0 150 47 [•] Rs.2 258. 30 - CA CA
2 TRANSP 5.0 Securit 3/20 Equi 42 00 - RE RE
ORTATIO 0 ies 10 ty to M and IP
N Private to Shar Rs.2 A Fitc O
NETWOR Limite 15/0 es 58 R- h Gr
KS d, 3/20 aggr 10 Rati ade
LIMITED Nomur 10 egati ngs 4
a ng Indi and
Financi to a 4
al Rs. Priv (in
Adviso 7,00 ate d)
ry And 0 Lim
Securit milli ited
ies on
(India)
Private
Limite
d And
JM
Financi
al
Consul
tants
Private
Limite
d
2 PRADIP 82. Anand 11/0 76 73 106 Rs. 110. 05 - ICR IP
3 OVERSE 00 Rathi 3/20 100 00 - A O
AS Adviso 10 to A Lim GR
LIMITED rs to Rs. pr- ited AD
Limite 15/0 110 20 E2
d 3/20 10
10
2 NMDC 26 UBS 10/0 93 71 332 Rs.3 300 * - NA NA
4 LIMITED 8.4 Securit 3/20 2.43 00
5 ies 10 2 to
India to Rs.3
Private 12/0 50
Limite 3/20
d, 10
Citigro
up
Global
Market
s India
Private
Limite
d,
Edelwe
iss
Capital
Limite
d,
Kotak
Mahin
dra
Capital
Compa
ny
Limite
d,
Morga
n
Stanley
India
Compa
ny
Private
Limite
d and
RBS
Equitie
s
(India)
Limite
d.
2 DQ - SBI 08/0 67 36 160. Rs. 80 * - Fitc IP
5 ENTERT Capital 3/20 48 75 h O
AINMEN Market 10 to Rati GR
T s to Rs. ngs AD
(INTERN Limite 10/0 80 E3
ATIONAL d 3/20
) LTD 10
2 UNITED 87. SBI 23/0 116 73 500 Rs. 66.0 18 * CA IP
6 BANK OF 25 Capital 2/20 60 0 - RE O
INDIA Market 10 to M & Gr
s to Rs. ar- ICR ade
Limite 25/0 66 20 A 3
d 2/20 10 &
Edelwe 10 4
iss
Capital
Limite
d and
Enam
Securit
ies
Private
Limite
d
2 RURAL - Kotak 19/0 107 55 171 For @ * * CA NA
7 ELECTRI Mahin 2/20 7.32 Reta RE
FICATIO dra 10 il,N
N Capital to IB
CORPOR Compa 23/0 &
ATION ny 2/20 Res
LIMITED Limite 10 erve
d DSP cate
Merrill gory
Lynch Floo
Limite r
d pric
ICICI e
Securit 203/
ies -
Limite For
d JM QIB
Financi cate
al gory
Consul ,
tants any
Private pric
Limite e
d and abo
RBS ve
Equitie floo
s r
(India) pric
Limite e
d
2 MAN 33 IDFC- 18/0 94 63 56.2 Rs.2 252. 11 * Cris IP
8 INFRACO 1.9 SSKI 2/20 5 43 00 - il O
NSTRUC 0 Limite 10 to M Lim Gr
TION d and to Rs.2 ar- ited ade
LIMITED Edelwe 22/0 52 20 3
iss 2/20 10
Capital 10
Limite
d
2 TEXMO 45. Almon 16/0 96 48 50 Rs.8 90 10 * CA IP
9 PIPES & 00 dz 2/20 5 to - RE O
PRODUC Global 10 Rs.9 M Gr
TS LTD Securit to 0 ar- ade
ies Ltd 19/0 20 2
2/20 10
10
3 HATHWA 21 Morga 09/0 112 58 277. Rs.2 240 25 * CRI IP
0 Y CABLE 1.8 n 2/20 5 40 - SIL O
& 5 Stanley 10 to Fe Gr
DATACO India to Rs.2 b- ade
M Compa 11/0 65 20 3/5
LIMITED ny 2/20 10
Private 10
Limite
d,UBS
Securit
ies
India
Private
Limite
dand
kotak
Mahin
dra
Capital
Compa
ny
Limite
d
3 ARSS 13 IDBI 08/0 110 31 [.] Rs.4 450. 03 * CA IP
1 INFRAST 05. Capital 2/20 equi 10 00 - RE O
RUCTUR 00 Market 10 ty to M Gr
E Service to shar Rs.4 ar- ade
PROJECT s 11/0 es 50. 20 2
S Limite 2/20 aggr 10
LIMITED d and 10 egati
SBI ng
Capital upto
Market Rs.1
s 030
Limite 0
d lacs
3 NTPC - ICICI 03/0 111 61 412 For @ * * NA NA
2 Limited Securit 2/20 2.73 Reta
ies 10 22 il,N
Limite to IB
d, 05/0 &
Citigro 2/20 Res
up 10 erve
Global cate
Market gory
s India ,
Private Floo
Limite r
d, J.P. pric
Morga e
n India 201/
Private -
Limite .For
d and QIB
Kotak cate
Mahin gory
dra ,
Capital any
Compa pric
ny e
Limite abo
d ve
floo
r
pric
e.
3 EMMBI 17. Keynot 01/0 84 51 95.7 Rs.4 45.0 24 * CA IP
3 POLYAR 15 e 2/20 4 0 to 0 - RE O
NS Corpor 10 Rs.4 Fe Gr
LIMITED ate to 5. b- ade
Service 03/0 20 2
Limite 2/20 10
d 10
3 DB 39 Enam 29/0 102 47 [.] Rs.4 468. 24 * CRI IP
4 REALTY 5.5 Securit 1/20 Equi 68 00 - SIL O
LIMITED 0 ies 10 ty to Fe Gr
Private to Shar Rs. b- ade
Limite 02/0 es 486 20 2
d,Kota 2/20 aggr 10
k 10 egati
Mahin ng
dra to
Capital Rs.
Compa 15,0
ny 00
Limite Mill
d ion
3 AQUA 53 Saffron 25/0 91 57 [?] Rs.2 220 23 * Bric IP
5 LOGISTI 2.0 Capital 1/20 equi 00 - kwo O
CS LTD 0 Adviso 10 ty to Fe rk Gr
rs Pvt to shar Rs. b- Rati ade
Ltd 02/0 es 225 20 ngs 3
,Centru 2/20 for 10 Indi
m 10 cash a
Capital aggr Pvt
Ltd egati Ltd
ng
upto
Rs.
15,0
00
lacs
3 SYNCOM 41. Charter 27/0 74 34 75 Rs. 75.0 15 * Cre IP
6 HEALTH 50 ed 1/20 65 0 - dit O
CARE Capital 10 to Fe Ana Gr
LIMITED And to Rs. b- lysi ade
Invest 29/0 75 20 s 2
ment 1/20 10 and
Ltd 10 Res
earc
h
Ltd
(CA
RE)
3 VASCON 13 Kotak 27/0 119 54 108 Rs.1 165. 15 * CRI IP
7 ENGINEE 6.9 Mahin 1/20 65 00 - SIL O
RS 5 dra 10 to Fe Gr
LIMITED Capital to Rs. b- ade
Compa 29/0 185 20 3
ny 1/20 10
Limite 10
d,Ena
m
Securit
ies
Private
Limite
d
3 THANGA 12 Keynot 27/0 85 51 14.0 Rs. 75.0 19 * Bric B
8 MAYIL 9.4 e 1/20 75 70 0 - kwo W
JEWELLE 5 Corpor 10 To Fe rk R
RY ate to Rs.7 b- Rati IP
LIMITED Service 29/0 5. 20 ngs O
s 1/20 10 Indi Gr
Limite 10 a ade
d Pvt. III
Ltd
3 JUBILAN 41 Kotak 18/0 111 62 226. Rs.1 145. 08 * Fitc IP
9 T 3.0 Mahin 1/20 704 35 00 - h O
FOODWO 0 dra 10 47 to Fe Rati Gr
RKS Capital to Rs. b- ngs ade
LIMITED Compa 20/0 145 20 Indi 3(i
ny 1/20 10 a nd)
Limite 10 Pvt
d Ltd
4 BIRLA - Ashika 11/0 47 43 59.5 Rs. 50 * * NA NA
0 SHLOKA Capital 1/20 5 45
EDUTEC Limite 10 To
H d to Rs.5
LIMITED 13/0 0.
1/20
10
4 INFINITE 17 India 11/0 121 45 115. Rs. 165 03 - CRI IP
1 COMPUT 4.0 Infolin 1/20 03 155 - SIL O
ER 0 e 10 To FE GR
SOLUTIO Limite to Rs.1 B- AD
NS d and 13/0 65. 20 E
(INDIA) Spa 1/20 10 2/5
LIMITED Mercha 10
nt
Banker
s
Limite
d
Select the Year

@ Issue was under alternate book building mechanism thereby Issue price was on
discriminatory basis.
# No. of shares to be decided after book building process.
* Equity shares of this company are not listed and traded on NSE.
** Considering lower price band.
$ Eligible securities can be introduced in F&O subject to SEBI permission.
The above status is as at the time of listing of IPO; subsequently, a securities
eligibility/ineligibility for
F&O may change based on various criteria laid down by SEBI.

Top