As of December 21, 2023, at 12:57 PM (Day 1), the subscription status of the Innova Captab IPO indicates a moderate level of investor interest. The overall subscription stands at 0.61 times, with specific details across categories as follows:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 0.00 times
– Shares Offered: 25,44,643
– Shares Bid For: 1,848
– **NII (Non-Institutional Investors):**
– Subscription: 0.36 times
– Shares Offered: 19,08,482
– Shares Bid For: 6,79,998
– *bNII (Bids above ₹10L):* 0.17 times (Bids for 2,14,335 shares out of 12,72,322)
– *sNII (Bids below ₹10L):* 0.73 times (Bids for 4,65,663 shares out of 6,36,161)
– **Retail:**
– Subscription: 1.07 times
– Shares Offered: 44,53,125
– Shares Bid For: 47,55,927
– **Total:**
– Overall Subscription: 0.61 times
– Total Shares Offered: 89,06,250
– Total Shares Bid For: 54,37,773
The data indicates a stronger response from the retail category, which has been subscribed 1.07 times, reflecting retail investors’ interest in the Innova Captab IPO. On the other hand, the QIB category shows no subscription as of the provided update.
The Non-Institutional Investors category, with bids both above and below ₹10 lakhs, has seen a combined subscription of 0.36 times.
It’s crucial to note that the total number of applications received for the IPO is 131,513, providing insights into the widespread interest among investors. The subscription status will continue to evolve as the IPO progresses through subsequent days, offering a dynamic view of investor sentiment in the market.
