The Shree OSFM E-Mobility IPO has garnered significant attention from investors and has been subscribed 4.64 times as of December 18, 2023, 12:01 PM (Day 3). Here’s a detailed breakdown of the subscription details across different categories:
### Day-wise Subscription Details:
– **NII* Category:**
– Subscription: 3.23 times
– Shares Offered: 17,92,000
– Shares Bid For: 57,86,000
– **Retail Category:**
– Subscription: 5.20 times
– Shares Offered: 17,92,000
– Shares Bid For: 93,16,000
### Overall Subscription:
– **Total Subscription: 4.64 times**
– **Total Shares Offered: 35,84,000**
– **Total Shares Bid For: 1,66,44,000**
### Application Statistics:
– **Total Applications: 4,658**
**Analysis and Implications:**
The Shree OSFM E-Mobility IPO has witnessed robust demand from both retail and NII categories, with a total subscription of 4.64 times. The retail category, in particular, has shown strong investor interest, subscribing 5.20 times.
The NII* category, catering to non-institutional investors, has seen a subscription of 3.23 times, indicating positive sentiment among high-net-worth individuals and other non-institutional participants.
As the IPO subscription period concludes, market participants will eagerly await the allotment details and monitor the subsequent listing on the stock exchanges.
Investors and market enthusiasts are advised to stay updated on further developments and announcements related to the Shree OSFM E-Mobility IPO as it progresses through the post-subscription stages.
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.
