How Many Have Applied for Public Issue of "Sayapatri Hydropower" So Far?

CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Sayapatri Hydropower Limited (SPHL) as of 10 am today i.e Shrawan 16.

Sayapatri Hydropower Limited (SPHL) has been issuing its 721,060 unit IPO shares to the general public from 13th Shrawan and will conclude on Shrawan 17, 2079. If it is not fully subscribed the issue will be extended up till Shrawan 27, 2079. Out of the total 721,060 units; 2% of the total offered shares i.e. 14,421 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 36,053 units have been set aside for the mutual funds. The remaining 670,586 units are for the general public. The paid up capital of the company will reach to Rs. 30 Crores after the IPO issuance.

NIBL Ace Capital Limited has been appointed as the issue manager for the IPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 30,000 units.

According to CDSC, 10,61,595 applicants have applied for a total of 1,21,51,340 units. Thus, the issue is already oversubscribed by 18.12 times so far.