As of December 20, 2023, at 1:04 PM (Day 3), the subscription status of the Muthoot Microfin IPO stands at 4.93 times. Here is a detailed breakdown of the subscription figures for different categories:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 0.53 times
– Shares Offered: 65,29,210
– Shares Bid For: 34,29,648
– **NII (Non-Institutional Investors):**
– Subscription: 7.79 times
– Shares Offered: 48,96,907
– Shares Bid For: 3,81,28,365
– bNII (bids above ₹10L): 6.83 times (32,64,604 shares bid for)
– sNII (bids below ₹10L): 9.70 times (16,32,302 shares bid for)
– **Retail:**
– Subscription: 6.11 times
– Shares Offered: 1,14,26,117
– Shares Bid For: 6,97,69,581
– **Total:**
– Subscription: 4.93 times
– Shares Offered: 2,28,52,234
– Shares Bid For: 11,27,68,089
The total number of applications received is 1,202,600.
These subscription details indicate substantial interest from investors, particularly in the retail and NII categories, which are oversubscribed at 6.11 times and 7.79 times, respectively. This signifies strong demand from both individual and non-institutional investors for the Muthoot Microfin IPO. However, the QIB category shows a relatively lower subscription at 0.53 times.
As the IPO progresses through its subscription period, market participants will continue to monitor the trends, considering overall market sentiment and demand from different investor segments.
