Inox CVA IPO has garnered a subscription of 4.74 times on day 2

As of 12:01 PM on December 15, 2023 (Day 2), the Inox CVA IPO has garnered a subscription of 4.74 times. Here’s a breakdown of the subscription status in different categories:

1. **Category-wise Subscription (times):**
– QIB (Qualified Institutional Buyers): 0.06 times
– NII (Non-Institutional Investors): 8.46 times
– Retail: 5.82 times
– Total: 4.74 times

2. **Shares Offered and Bid For:**
– QIB: Shares offered – 44,22,191, Shares bid for – 2,66,046
– NII: Shares offered – 33,16,644, Shares bid for – 2,80,59,108
– bNII (bids above ₹10L): Shares bid for – 1,59,38,076
– sNII (bids below ₹10L): Shares bid for – 1,21,21,032
– Retail: Shares offered – 77,38,835, Shares bid for – 4,50,67,990
– Total: Shares offered – 1,54,77,670, Shares bid for – 7,33,93,144

3. **Total Number of Applications:**
– The total number of applications received is 1,708,013.

This data provides an overview of the subscription status of the Inox CVA IPO across different investor categories. The subscription figures indicate the level of demand from investors, with higher subscription numbers suggesting increased interest in the IPO. Investors and market participants closely monitor this information during the IPO subscription period to gauge market sentiment and demand for the company’s shares.

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