After receiving an overwhelming response, Hamps Bio’s initial public offer (IPO) concluded the subscription period on December 17, 2024. The allotment of shares is likely on December 18, 2024. The issue was subscribed a total of 1,057 times at the end of the subscription period.
Hamps Bio’s IPO is a fixed-price issue of ₹6.22 crore. The issue consists entirely of a fresh issue of 12.20 lakh equity shares. The subscription period for the IPO opened on December 13, 2024 and concluded on December 17, 2024. The basis of allotment is likely to be finalised on December 18, 2024 with the tentative listing date of the share fixed at December 20, 2024.
The Hamps Bio received a considerably strong demand from investors, with non-institutional and retail investors showing significant interest.
The company had offered 5.79 lakh shares for non-institutional investors and received bids for 43.90 crore shares, or 758.27 times of the portion. Meanwhile, the company had offered 5.79 lakh shares for retail investors and received bids for 77.7 crore shares or 1,342 times the issue.
The market maker portion was set at 62,000 shares.
In total, the issue received bids for 122.40 crore shares against 11.58 lakh shares on offer.
Since the issue is a fixed-price issue, the Hamps Bio IPO price was set at ₹51 per share. The issue had a lot size of 2,000 shares. To apply to the Hamps Bio IPO, a minimum investment of ₹1,02,000 was required. The minimum lot size for high net-worth individuals (HNIs) was 2 lots amounting to an investment of ₹2,04,000.
Investors can check the Hamps Bio IPO allotment status on the Bombay Stock Exchange (BSE) website or the issue’s registrar, Bigshare Services’ website.
Step 1: Visit the BSE website by clicking here
Step 2: Under ‘Issue Type’, select equity.
Step 3: Select ‘Hamps Bio Limited’ under the ‘Issue Name’.
Step 4: Enter your PAN or Application number.
Step 5: Clear the 'Captcha' to verify that you are not a robot.
Step 6: Click on the 'Search' option to see your allotment status.
Step 1: Visit the website of Bigshare Services by clicking here.
Step 2: Select ‘Hamps Bio Limited’ from the dropdown menu.
Step 3: Select and fill in your Application Number, Demat account number or PAN.
Step 5: Enter the CAPTCHA
Step 6: Click on search to view your allotment status
Hamps Bio, founded in 2007, is a marketer and distributor of pharmaceutical products such as tablets, syrups, injectables, and supplements. The company’s pharma has its presence in 8 states and union territories in India while freeze-dried and frozen products are present in 6 countries.
For the quarter that ended 31 October 2024, the company reported a net profit of ₹34.08 lakh. The company’s revenue came in at ₹43.6 lakh.