Nexus Select Trust

Book Building issueMainboard₹3,200 Cr issue
+2.27%
Listing gain over issue price
Issue size
₹3,200 Cr
1 lot at cut-off
₹15,000
Lot size
150shares
Open
09 May 2023
Close
11 May 2023
Allotment
16 May 2023
Listing
19 May 2023

Listing performance

Issue price
₹100
Listed at
₹102.27
Listing-day close
₹104.29
Latest price
₹157.82
Close on 23 Oct 2026
Listing gain
+2.27%
Return since issue
+57.66%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    09 May 2023
  2. Close
    11 May 2023
  3. Allotment
    16 May 2023
  4. Refund
    17 May 2023
  5. Demat credit
    18 May 2023
  6. Listing
    19 May 2023

Issue details

IPO date
09 May 2023 – 11 May 2023
Listing date
19 May 2023
Issue price
₹100 per share
Lot size
150 shares
Issue type
Book Building issue
Total issue size
₹3,200 Cr
Market cap at offer price
₹15,150 Cr
ISIN
INE0NDH25011
Registrar
Kfin Technologies Ltd.
Lead managers
BOFA Securities India Ltd.
Registered office
Embassy 247, Unit No. 501,, B Wing, Lal Bahadur Shastri Marg,, Vikhroli West, Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB14,39,99,850——
Market maker 0——

Application size

Minimum 150 shares per lot, in multiples, at ₹100

ApplicationLotsSharesAmount
Retail (min)1150₹15,000
Retail (max)131,950₹1,95,000
S-HNI (min)142,100₹2,10,000
S-HNI (max)669,900₹9,90,000
B-HNI (min)6710,050₹10,05,000

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Exchange disclosure (PDF) →
Shares allocated
14,39,99,850
Anchor portion
₹1,440 Cr
at ₹100 per share

Valuation and performance

Valuation at offer price

₹100 per share
MetricPre-issuePost-issue
Market cap—₹15,150 Cr

Nexus Select Trust IPO FAQs

What is the lot size of Nexus Select Trust IPO?
The minimum lot size of Nexus Select Trust IPO is 150 shares. One lot costs ₹15,000 at the cut-off price.
When does Nexus Select Trust IPO open and close?
Nexus Select Trust IPO opened for subscription on 09 May 2023 and closed on 11 May 2023.
What is the listing date of Nexus Select Trust IPO?
Nexus Select Trust IPO listed on 19 May 2023.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.