As of December 20, 2023, at 1:10 PM (Day 3), the subscription status of the Motisons Jewellers IPO is exceptionally high at 96.30 times. The detailed subscription figures for different categories are as follows:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 5.82 times
– Shares Offered: 54,94,200
– Shares Bid For: 3,19,54,250
– **NII (Non-Institutional Investors):**
– Subscription: 197.19 times
– Shares Offered: 41,20,650
– Shares Bid For: 81,25,62,500
– bNII (bids above ₹10L): 162.88 times (27,47,100 shares bid for)
– sNII (bids below ₹10L): 265.82 times (13,73,550 shares bid for)
– **Retail:**
– Subscription: 104.77 times
– Shares Offered: 96,14,850
– Shares Bid For: 1,00,73,56,500
– **Total:**
– Subscription: 96.30 times
– Shares Offered: 1,92,29,700
– Shares Bid For: 1,85,18,73,250
The total number of applications received is 3,473,886.
These subscription details indicate an overwhelming interest from investors across all categories, with particularly robust demand in the retail and NII segments, which are oversubscribed at 104.77 times and 197.19 times, respectively. The QIB category shows strong demand as well, with a subscription of 5.82 times.
The extraordinary subscription levels suggest a significant appetite for the Motisons Jewellers IPO. Market participants will closely monitor the final subscription figures and the subsequent listing performance of the IPO, considering such remarkable investor interest.
