As of December 20, 2023, at 11:57 AM (Day 2), the subscription status of the RBZ Jewellers IPO stands at 3.95 times. Here is a breakdown of the subscription figures for different categories:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 0.00 times
– Shares Offered: 14,00,000
– Shares Bid For: 0
– **NII (Non-Institutional Investors):**
– Subscription: 1.34 times
– Shares Offered: 30,00,000
– Shares Bid For: 40,26,900
– bNII (bids above ₹10L): 0.86 times (20,00,000 shares bid for)
– sNII (bids below ₹10L): 2.31 times (10,00,000 shares bid for)
– **Retail:**
– Subscription: 7.77 times
– Shares Offered: 35,00,000
– Shares Bid For: 2,72,01,750
– **Total:**
– Subscription: 3.95 times
– Shares Offered: 79,00,000
– Shares Bid For: 3,12,28,650
The total number of applications received is 110,228.
These subscription details reveal notable interest from investors, particularly in the retail category, which is oversubscribed at 7.77 times. This indicates strong demand from individual investors for the RBZ Jewellers IPO. However, the QIB category shows no subscription as of the current status. The NII category has seen moderate oversubscription at 1.34 times, with bids both above and below ₹10 lakh showcasing diverse investor participation.
As the IPO continues its subscription period, market participants will monitor the trends closely, considering overall market sentiment and demand from different investor segments.
