There are two listings today – Advance Agrolife and Om Freight Forwarder. Let’s take a look at how these two counters are faring on Day 1.
Advance Agrolife listed at xxx Vs issue price fo Rs 100 per share.
Advance Agrolife IPO: Timeline and key dates
The Advance Agrolife IPO was open between September 30- October 3. The allotment for the issue was finalised on October 6.
Advance Agrolife IPO size and structure
The company raised Rs 192.86 crore and the book-built IPO was entirely a fresh issue of 1.93 crore shares. The issue price was fixed at Rs 100.
Advance Agrolife IPO: Subscription
The Advance Agrolife IPO was subscribed 56.90 times. The retail category was subscribed 23.14 times while the QIB section saw 27.31 times subscription. The NII category subscription came in at 175.30x
Om Freight Forwarder lists at
The other big listing, Om Freight Forwarders made its debut on the Indian stock exchanges today, with shares listed on both BSE and NSE. The stock listed at a discount of **% against the issue price of Rs 135.
Om Freight Forwarder IPO: Timeline and key dates
The public issue was open for subscription from September 29 to October 3. The allotment of shares was finalised on October 6.
Om Freight Forwarder IPO: Issue size and structure
The company raised a total of Rs 122.31 crore through its IPO. This comprised a fresh issue of 18.10 lakh shares worth Rs 24.44 crore, alongside an offer-for-sale (OFS) of 72.50 lakh shares totaling Rs 97.88 crore. The IPO was priced in the range of Rs 128–135 per share.
Om Freight Forwarder IPO: Subscription overview
The IPO received an overall subscription of 3.87 times, according to NSE data. Retail investors subscribed 2.75 times, non-institutional investors at 7.39 times, and qualified institutional buyers at 3.97 times.
Om Freight Forwarder IPO: Lead managers and registrar
Smart Horizon Capital Advisors managed the IPO as the book-running lead manager, while Bigshare Services handled the role of registrar.