Senco Gold IPO Subscribed 2.68 Times
The Senco Gold IPO has witnessed strong investor interest, with the subscription reaching 2.68 times the total number of shares offered.
Retail and NII Categories Display Strong Subscription Numbers
on July 5, the Senco Gold IPO saw impressive subscription numbers in both the retail and Non-Institutional Investor (NII) categories. The retail category witnessed a subscription rate of 3.67 times, indicating a high level of interest from individual investors. Similarly, the NII category was subscribed 3.58 times, further highlighting the positive response to the IPO.
QIB Portion Partially Booked
The Qualified Institutional Investors’ (QIB) portion of the Senco Gold IPO was subscribed 0.27 times as of 4 PM on July 5. While the subscription rate in this category is comparatively lower, it is essential to note that the subscription period is still ongoing.
In summary, the Senco Gold IPO has garnered substantial investor demand, with the subscription reaching 2.24 times the total number of shares offered. The retail and NII categories have displayed strong subscription rates of 3.30 times and 2.54 times, respectively. The QIB portion has been partially booked at 0.15 times. These figures indicate significant investor interest and positive market sentiment towards the Senco Gold IPO.
Subscription Status :
Qualified Institutional Buyers | 0.27x |
Non-Institutional Investor | 3.58x |
Retail Individual Investor | 3.67x |
TOTAL | 2.68x |