As of December 21, 2023, at 1:22 PM (Day 3), the Mufti Menswear IPO has witnessed robust demand from investors, achieving a substantial subscription of 13.67 times. The detailed subscription figures for different investor categories are outlined below:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 0.73 times
– Shares Offered: 39,26,992
– Shares Bid For: 28,76,310
– **NII (Non-Institutional Investors):**
– Subscription: 29.53 times
– Shares Offered: 29,45,244
– Shares Bid For: 8,69,74,378
– *bNII (Bids above ₹10L):* 27.20 times (Bids for 5,34,06,298 shares out of 19,63,496)
– *sNII (Bids below ₹10L):* 34.19 times (Bids for 3,35,68,080 shares out of 9,81,748)
– **Retail:**
– Subscription: 14.28 times
– Shares Offered: 68,72,236
– Shares Bid For: 9,81,01,887
– **Total:**
– Overall Subscription: 13.67 times
– Total Shares Offered: 1,37,44,472
– Total Shares Bid For: 18,79,52,575
The Mufti Menswear IPO has received remarkable interest from retail investors, with a subscription of 14.28 times in this category. Non-institutional investors have also shown strong enthusiasm, subscribing 29.53 times, reflecting high demand in this segment.
While the QIB category has seen a relatively lower subscription at 0.73 times, the overall subscription figures demonstrate widespread interest from different investor segments.
With a total of 1,670,264 applications received for the IPO, Mufti Menswear has garnered significant attention from the investor community. The final subscription numbers will be crucial in gauging market sentiment and the level of confidence investors have in the IPO.
