As of December 18, 2023, 12:11 PM (Day 1), the Muthoot Microfin IPO has witnessed a subscription of 0.30 times. The subscription details across different categories are as follows:
### Subscription Details:
– **QIB Category:**
– Subscription: 0.00 times
– Shares Offered: 65,29,210
– Shares Bid For: 4,182
– **NII Category:**
– Subscription: 0.14 times
– Shares Offered: 48,96,907
– Shares Bid For: 7,01,709
– bNII (bids above ₹10L): 0.07 times (32,64,604 shares bid for)
– sNII (bids below ₹10L): 0.29 times (16,32,302 shares bid for)
– **Retail Category:**
– Subscription: 0.51 times
– Shares Offered: 1,14,26,117
– Shares Bid For: 58,76,067
### Overall Subscription:
– **Total Subscription: 0.30 times**
– **Total Shares Offered: 2,28,52,234**
– **Total Shares Bid For: 67,76,115**
### Application Statistics:
– **Total Applications: 95,689**
**Analysis and Implications:**
The Muthoot Microfin IPO has experienced a subdued start on the opening day, with an overall subscription of 0.30 times. The retail category has shown comparatively higher interest, subscribing 0.51 times, indicating a modest response from individual investors.
The QIB category has seen limited participation with a subscription of 0.00 times, while the NII category has a subscription of 0.14 times. The detailed breakdown of NII bids above and below ₹10 lakh suggests a mix of investor interest.
Investors and market observers are advised to closely monitor the subscription trends and subsequent developments as the IPO progresses through the subscription period. The final subscription figures and allotment details will be crucial factors to watch in the coming days.
Please note that the figures provided are based on available data as of the specified time, and final numbers may be subject to change as additional information becomes available.
