Esprit stones IPO Subscription Status: Esprit stones IPO is Open on 26 July, 2024 and Close on 30 July, 2024. Esprit stones IPO to Raise 5,795,200 shares (Approx ₹50.42 Cr) via IPO. The Fresh Issue of 5,795,200 shares (Approx ₹50.42 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Esprit stones IPO is an SME IPO and Listed on NSE SME. Esprit stones IPO Price Band is Fixed at ₹87 Equity Share. Esprit stones IPO Lot Size is 1600 Shares.
About Esprit stones IPO :
- Esprit stones are one of the key Engineered Stones Players in India. (Source: CARE Report). Engineered Stones are composite material formed out of crushed stone that is held together by an adhesive.
- Engineered Stone’s non-porous characteristics, offer superior scratch, stain and heat resistance, making them extremely durable and therefore get an edge over competing products such as natural stones, laminate and other manufactured solid surfaces The strength, consistency, durability and appearance of our Engineered Stones, as well as their low maintenance makes it ideal for its application for vanities & bathroom surfaces, kitchen countertops, floors and wall cladding furniture, and other interior surfaces that are used in a variety of residential and non-residential applications.
- Through our innovative design and manufacturing processes, we are able to offer our product in wide variety of colours, styles, designs and textures.
- We have customized our manufacturing processes in order to maximize the consistency, quality, durability and crack resistance of our Engineered Stones while also increasing its slickness and luster. Together with our research and development capabilities, our manufacturing expertise enable us to develop a number of aesthetically distinct designs for our products.
Esprit stones IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
1,075,200
12,64,73,600
117.63
Non Institutional Buyers (NIIs)
806,400
32,22,22,400
400.00
Retail Individual Buyers (RIIs)
1,881,600
27,42,46,400
145.75
Anchor Investor
16,12,800
16,12,800
1
Total
38,91,200
72,30,72,000
185.85
Esprit stones Subscription Status day-by-day-
Categories
26 July
29 July
30 July
QIB
0.00
3.50
117.63
NII
1.46
15.60
400.00
RII
3.64
27.40
145.75
Total
2.08
17.45
185.85
Esprit stones Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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