As of December 13, 2023, at 11:50 AM (Day 1), the DOMS IPO has achieved a subscription rate of 1.71 times. The breakdown of subscription details across different categories is as follows:
1. **QIB (Qualified Institutional Buyers):**
– Subscription: 0.01 times
– Shares Offered: 45,37,975
– Shares Bid for: 47,574
2. **NII (Non-Institutional Investors):**
– Overall NII Subscription: 1.61 times
– bNII (Bids above ₹10L): 1.20 times
– Shares Offered: 15,12,658
– Shares Bid for: 18,13,266
– sNII (Bids below ₹10L): 2.44 times
– Shares Offered: 7,56,329
– Shares Bid for: 18,47,250
3. **Retail:**
– Subscription: 6.73 times
– Shares Offered: 15,12,658
– Shares Bid for: 1,01,86,308
The total number of shares offered in the IPO is 83,19,620, and the total shares bid for are 1,41,89,364. The total number of applications received is 406,373.
These figures indicate a strong interest from retail investors, with a robust subscription rate of 6.73 times in the retail category. The NII category also shows substantial interest, especially in bids below ₹10L, which has a subscription rate of 2.44 times. However, the QIB category has seen a more modest subscription at 0.01 times. The overall subscription rate of 1.71 times suggests a healthy response to the DOMS IPO on the first day of the subscription period.
