As of January 15, 2024, 1:09 PM (Day 3), the Australian Premium Solar (India) IPO has witnessed an extraordinary subscription status, indicating an overwhelming demand from investors. Here is a detailed breakdown of the subscription details across different categories:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 8.98 times
– Shares Offered: 9,88,000
– Shares Bid For: 88,74,000
– **NII (Non-Institutional Investors):**
– Subscription: 299.86 times
– Shares Offered: 7,42,000
– Shares Bid For: 22,24,96,000
– **Retail:**
– Subscription: 325.96 times
– Shares Offered: 17,30,000
– Shares Bid For: 56,39,10,000
– **Total:**
– Subscription: 229.85 times
– Shares Offered: 34,60,000
– Shares Bid For: 79,52,80,000
The total number of applications received for the Australian Premium Solar (India) IPO is an impressive 281,955.
These subscription figures signify an exceptional level of interest and demand for the IPO, particularly from retail investors, as reflected in the subscription rate of 325.96 times in the retail category. The NII category also exhibits remarkable demand with a subscription rate of 299.86 times.
Although the QIB category shows a relatively lower subscription rate, the overall subscription rate of 229.85 times highlights the immense enthusiasm among investors for the Australian Premium Solar (India) IPO. Continued monitoring of the subscription status will provide insights into investor sentiment and the potential listing performance of the IPO.
