Business Standard

CreditAccess Grameen Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,131.19 cr

Price Range (₹)

422

Lot Size

35

Min Investment (₹)

14,770.00

Listing Exchange

MumbaiNSE

Open Date

08-Aug-2018

Close Date

10-Aug-2018

Listing Date

23-Aug-2018

CreditAccess Grameen Ltd News

    The Shares of CreditAccess Grameen Ltd have now been listed.

    CreditAccess Grameen Ltd IPO Details

    Initial public offer of 26,805,394* equity shares of face value of Rs. 10 each (equity shares) of CreditAccess Grameen Limited (company or issuer) for cash at a price of Rs. 422.00 per equity share (including a share premium of Rs. 412 per equity share) aggregating to Rs. 1131.19 Crores* (offer) comprising a fresh issue of 14,928,909* equity shares aggregating to Rs. 630 Crores by the company (fresh issue) and an offer for sale of 11,876,485* equity shares by the promoter, CreditAccess Asia n.v. (promoter selling shareholder and such offered shares, the offered shares) aggregating to Rs. 501.19 Crores* (offer for sale). The offer constitutes 18.70%* of the post-offer paid-up equity share capital.The face value of equity shares is Rs. 10 each and the offer price is Rs. 422.00 and is 42.20 times the face value of the equity shares.* subject to finalisation of the basis of allotment

    Objective of issue

    Listing of Shares on the Stock Exchanges.

    CreditAccess Grameen Ltd Contact Details

    CreditAccess Grameen Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@cagrameen.in

    Website - www.creditaccessgrameen.in