Deal Sheet and bank Matrix of Equitas Holdings limited IPO
Banking_Matrix_-Equitas_Holdings_Limited
This IPO is only for Indian domestic investors.
Anchor Date: Monday, April 4, 2016
Opening Date: Tuesday, April 5, 2016
Closing Date: Thursday, April 7, 2016
Price Band (Public): INR 109 – 110 per share
BRLMs: Axis Capital Ltd., HSBC, ICICI Securities and Edelweiss Financial Services
Issue Structure:
Structure: Primary issuance of INR 7,200 mn and Offer for Sale(up to no. of shares) 132,425,884 Equity Shares of which there is an Employee Reservation of (up to no. of shares) 250,000 Equity Shares and thus Net Issue to Public (up to no. of shares) 198,230,929 – 197,630,429 Equity Shares
Application Multiple / Lot Size: 135 shares
144 A applicability: Indian Domestic Investor-only issue.
Issue Size @ Lower Band (INR 109):
Issue Size: INR 21,634 mn
Employee Reservation: INR 27 mn
Net Issue Size: INR 21,607 mn
Total QIB Portion (Total): INR 10,804 mn
Anchor Portion: INR 6,482 mn
Minimum Allocation to domestic MFs in Anchor (subject to bids): INR 2,161 mn
Net QIB Portion (post Anchor): INR 4,321 mn
Anchor Tranche: 59,469,277 shares
Max Bid by Anchor Investor (adjusted for lot): 16,798,725 shares.
Issue Size as (%) of Post-Issue Equity – Total shares offered to public: 59.08%
Issue Size @ Upper Band (INR 110):
Issue Size: INR 21,767 mn
Employee Reservation: INR 28 mn
Net Issue Size: INR 21,739 mn
Total QIB Portion (Total): INR 10,870 mn
Anchor Portion: INR 6,522 mn
Minimum Allocation to domestic MFs in Anchor (subject to bids): INR 2,174 mn
Net QIB Portion (post Anchor): INR 4,348 mn
Anchor Tranche: 59,289,127 shares
Max Bid by Anchor Investor (adjusted for lot): 16,768,620 shares
Issue Size as (%) of Post-Issue Equity – Total shares offered to public: 59.00%
Indicative Post-Issue Timelines:
Bid/Issue Closing Date : 07-Apr-16
Finalisation of Basis of Allotment with the Designated Stock Exchange : On or about April 13, 2016
Initiation of refunds (if any, for Anchor Investors)/unblocking of funds from ASBA Account : On or about April 18, 2016
Credit of Equity Shares to demat accounts of Allotees : On or about April 20, 2016
Commencement of trading of the Equity Shares on the Stock Exchanges: On or about April 21, 2016
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CA Shafaly Girdharwal
CA
New Delhi, India
CA Shaifaly Girdharwal is a GST consultant, Author, Trainer and a famous You tuber. She has taken many seminars on various topics of GST. She is Partner at Ashu Dalmia & Associates and heading the Indirect Tax department. She has authored a book on GST published by Taxmann.
