As of December 21, 2023, at 1:44 PM (Day 1), the Sameera Agro IPO has seen modest demand from investors, with the subscription status indicating a subscription of 0.04 times the total shares offered. The subscription details across different investor categories are as follows:
– **NII (Non-Institutional Investors):**
– Subscription: 0.00 times
– Shares Offered: 16,48,000
– Shares Bid For: 3,200
– **Retail:**
– Subscription: 0.09 times
– Shares Offered: 16,48,000
– Shares Bid For: 1,44,800
– **Total:**
– Overall Subscription: 0.04 times
– Total Shares Offered: 32,96,000
– Total Shares Bid For: 1,48,000
The Sameera Agro IPO has experienced subdued interest on the first day of bidding, with non-institutional investors showing minimal participation. The retail category has subscribed 0.09 times, indicating a cautious approach from individual investors.
The total number of applications received is 181, reflecting a relatively subdued response to the IPO. Investors will be keenly watching the subscription trends in the coming days to assess the overall market sentiment towards Sameera Agro IPO shares.
