As of 12:05 PM on December 15, 2023 (Day 2), the Benchmark Computer Solutions IPO has achieved a subscription of 15.55 times. Here’s a breakdown of the subscription status in different categories:
1. **Category-wise Subscription (times):**
– NII (Non-Institutional Investors): 4.53 times
– Retail: 26.59 times
– Total: 15.55 times
2. **Shares Offered and Bid For:**
– NII: Shares offered – 8,80,000, Shares bid for – 39,86,000
– Retail: Shares offered – 8,78,000, Shares bid for – 2,33,42,000
– Total: Shares offered – 17,58,000, Shares bid for – 2,73,40,000
3. **Total Number of Applications:**
– The total number of applications received is 14,785.
This data provides insights into the subscription status of the Benchmark Computer Solutions IPO across various investor categories. Notably, the retail category has shown strong demand, with a subscription of 26.59 times. The overall subscription figure of 15.55 times suggests significant interest from investors in the public issue.
Investors and market participants closely monitor the subscription status during the IPO period as it reflects market sentiment and the level of demand for the company’s shares. Higher subscription numbers are generally indicative of increased investor confidence in the IPO.
