The Benchmark Computer Solutions IPO has concluded on an incredibly high note, witnessing an exceptional subscription of 70.63 times as of December 18, 2023, 12:08 PM (Day 3). Let’s break down the subscription details across different categories:
### Day-wise Subscription Details:
– **NII* Category:**
– Subscription: 25.76 times
– Shares Offered: 8,80,000
– Shares Bid For: 2,26,66,000
– **Retail Category:**
– Subscription: 111.54 times
– Shares Offered: 8,78,000
– Shares Bid For: 9,79,30,000
### Overall Subscription:
– **Total Subscription: 70.63 times**
– **Total Shares Offered: 17,58,000**
– **Total Shares Bid For: 12,41,62,000**
### Application Statistics:
– **Total Applications: 58,715**
**Analysis and Implications:**
The Benchmark Computer Solutions IPO has witnessed an overwhelming response from investors, achieving a subscription of 70.63 times. The retail category has exhibited remarkable enthusiasm, subscribing an astonishing 111.54 times.
The NII* category, catering to non-institutional investors, has also shown significant oversubscription at 25.76 times. While the QIB category subscription figure is not provided, the robust demand from retail and NII categories indicates strong investor confidence.
As the IPO wraps up its subscription phase, market participants eagerly await the allotment details and the subsequent listing on the stock exchanges.
Investors and market enthusiasts are advised to stay tuned for further developments and announcements related to the Benchmark Computer Solutions IPO as it progresses through the post-subscription stages.
Please note that the figures provided are based on available data as of the specified time, and final numbers may be subject to change as additional information becomes available.
