
Industrial & Financial Services · NSE / BSE
Affle (India) Limited, incorporated in 2005, is a mobile marketing company that provides both consumer and enterprise platforms. Its core focus is on helping businesses reduce digital advertising fraud, respect consumer privacy, and improve their return on marketing investments by delivering targeted mobile advertisements. The company’s consumer platform is widely used by B2C advertising agencies across various industries such as telecom, fintech, e-commerce, retail, FMCG, and media. Affle leverages a combination of transactional data, user behavior, and marketing attribution signals to understand user intent. Using this data, the platform predicts user interests and continuously updates itself to enhance consumer engagement and encourage user actions. Campaigns are run using data intelligence to generate large volumes of conversions at a cost-effective rate. The company primarily earns revenue through a cost per converted user (CPCU) model, where a conversion could be a transaction or the acquisition of a new customer. It also generates revenue from advertising focused on engagement and brand awareness. Additionally, Affle offers end-to-end solutions such as mobile app development, enterprise platforms, and support for offline businesses transitioning to online commerce. Notably, Microsoft holds a 6.48% stake in Affle Holdings, the Singapore-based parent company of Affle (India).
Price Band
₹740 – ₹745
Issue Size
₹459 Cr
Lot Size
20 shares
GMP
Est. Listing
₹745
at current GMP
Subscribed
—
Open
29 Jul 2019
Close
31 Jul 2019
Allotment
6 Aug 2019
Refund
7 Aug 2019
Demat Credit
8 Aug 2019
Listing
8 Aug 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,080,537 | — | 0.00x |
| Non-Institutional (NII / HNI) | 924,161 | — | 0.00x |
| Retail Individual (RII) | 2,156,376 | — | 0.00x |
| Total | 6,161,074 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 107,819 | 107,819 | 1.00x |
| HNIs (10L +) | 690 | 690 | 1.00x |
| HNIs (2-10L) | 3,301 | 3,301 | 1.00x |
| Total Applications | 111,810 | 111,810 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Affle (India) Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹459 Crores. The shares are offered at a price band of ₹740 to ₹745 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-07-31, the basis of allotment is scheduled to be finalized on 2019-08-06. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Currently, Affle (India) Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹740 to ₹745 per equity share.
The retail lot size is 20 shares requiring a minimum application amount of ₹14,900. Expected listing price is ₹745 per equity share.
The Affle (India) Limited IPO aggregate issue size is ₹459 Crores with an equity price band set at ₹740 to ₹745 per equity share. The retail lot size is 20 shares requiring a minimum capital outlay of approx. ₹14,900.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2019-08-06. Investors can verify status using PAN card or application number.
Affle (India) Limited shares are scheduled to list on NSE and BSE on 2019-08-08.