Acropetal Technologies Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

21 Feb 2011

Close Date

24 Feb 2011

Allotment

02 Mar 2011

Listing Date

10 Mar 2011

Exchange

NSE & BSE

Price Band

₹90

Listing Price

See chart

Allotment Status

Check registrar

Price Band

₹90

Per share

Face Value

₹10 per share

Lot Size

60 Shares

per lot

Issue Size

1,88,90,358 shares (aggregating up to ₹170.01 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹5,400

1 lot

Pre-IPO Holding

2,00,00,000 shares

Promoters

Post-IPO Holding

3,88,88,889 shares

Promoters

UPI Deadline

2011-02-24

Mandate

Anchor AllotmentSun, 20 Feb 2011

Basis of AllotmentWed, 02 Mar 2011

Refund InitiationThu, 03 Mar 2011

Demat CreditThu, 03 Mar 2011

Listing DayThu, 10 Mar 2011

UPI Mandate Deadline2011-02-24

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Subscription Rate Final

Acropetal Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Feb 2011.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	18,888,889	100%	₹170.00

IPO Shares Offered

Acropetal Technologies Ltd. IPO total issue size: ₹170.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	18,888,889	₹170.00	100.00%

* Based on upper price band ₹90 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹90.00

Upper Band

Min Investment

₹5,400

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	120	₹10,800
Retail (Max — 37 Lots)	37	2,220	₹199,800
S-HNI (Min — 38 Lots)	38	2,280	₹205,200
B-HNI (Min — 186 Lots)	186	11,160	₹1,004,400

* Issue Price ₹90 × Lot Size 60 shares

IPO Schedule

Anchor

20 Feb 2011

✓ Done

IPO Open

21 Feb 2011

✓ Done

IPO Close

24 Feb 2011

✓ Done

Allotment

02 Mar 2011

✓ Done

Refunds

03 Mar 2011

✓ Done

Demat Credit

03 Mar 2011

✓ Done

Listing Day

10 Mar 2011

✓ Done

₹90.00

INR · BSE

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Issue ₹90.00 Live Price

About Acropetal Technologies Ltd.

Incorporated in 2001, Acropetal Technologies Ltd is mid-tier IT services and products firm which offers Information Technology (IT) outsourcing services to clients in Engineering Design Services, Healthcare, and Energy and Environment sectors.Acropetal offers Engineering Design Services to reduce product design cycle time and costs. The services include concept design, product design & development, advanced analysis, reliability engineering and value engineering. Other services are product quality improvement, idea generation, product teardown, material cost out, product re-design, back office support to accomplish 2D Drawings, Data Conversion and 3D Modeling.Acropetal Technologies headquartered in Bangalore, the silicon valley of India. They also have presence in Dubai, UAE, through subsidiary Vision Info Inc. Company intends to set up new Software Development Center cum Corporate Office in Bangalore and also expand its geographical presence in the US, UK, Middle east and South East Asia by setting up offices.

Objects of the Issue

1 Proposed Acquisitions

2 Setting up of Software Development Centre and Corporate Office

3 Expansion & Establishment of overseas offices

4 Part Repayment of Term Loans

5 Additional Working Capital requirements

6 Public Issue Expenses

7 General Corporate Purposes

Acropetal Technologies Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹9,280.5

31-Mar-09

₹10,808.5

31-Mar-10

₹10,637.5

31-Dec-10

Profit After Tax (PAT)

₹1,658.6

31-Mar-09

₹1,955.1

31-Mar-10

₹1,813.3

31-Dec-10

Particulars	31-Dec-10	31-Mar-10	31-Mar-09
Revenue from Operations	10637.45	10808.51	9280.49
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	1813.26	1955.09	1658.58
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoNW

22.99%

Issue Structure & Shareholding

Total Shares Offered1,88,88,889 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding2,00,00,000 shares

Post-Issue Promoter Holding3,88,88,889 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Sharex Dynamic (India) Pvt.Ltd.

+91- 22 - 2851 5606

atl.ipo@sharexindia.com

Book Running Lead Managers

Saffron Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Acropetal Technologies Ltd. IPO subscribed? ▲

Acropetal Technologies Ltd. IPO is subscribed 1.00 times by Feb 24, 2011. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Acropetal Technologies Ltd. IPO retail subscription status? ▼

The Acropetal Technologies Ltd. IPO retail category is subscribed 1.00 times as of 24 Feb 2011. The retail portion is oversubscribed.

How to subscribe Acropetal Technologies Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 21 Feb 2011 and closes 24 Feb 2011. Min investment: ₹5,400 (1 lot = 60 shares). UPI mandate: 2011-02-24.

How many times Acropetal Technologies Ltd. IPO subscribed? ▼

The Acropetal Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Acropetal Technologies Ltd. IPO allotment? ▼

Check allotment on the registrar website (Sharex Dynamic (India) Pvt.Ltd.). Enter your PAN, application number or DP/Client ID. Allotment date: 02 Mar 2011. Refunds: on 03 Mar 2011.

When Acropetal Technologies Ltd. IPO will be listed? ▼

The Acropetal Technologies Ltd. IPO listing date is 10 Mar 2011, Thursday. Listed on: NSE & BSE. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Acropetal Technologies Ltd. IPO close? ▼

The Acropetal Technologies Ltd. IPO closes on 24 Feb 2011, Thursday. UPI mandate: 2011-02-24. Allotment: 02 Mar 2011. Listing: 10 Mar 2011.

Quick Actions

Live Price LIVE

Last Price₹90.00

Change—

Issue Price₹90.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹90

Face Value₹10

Lot Size60 Sh

Min. Amount₹5,400

GMPNIL

Est. Listing₹90

Subscribed1.00x

Open Date21 Feb 2011

Close Date24 Feb 2011

Allotment02 Mar 2011

Listing Date10 Mar 2011

ExchangeNSE & BSE

UPI Deadline2011-02-24