As of December 21, 2023, at 1:38 PM (Day 1), the Supreme Power Equipment IPO has garnered robust investor interest, with a subscription status indicating strong demand. The subscription details across different investor categories are as follows:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 1.00 times
– Shares Offered: 12,50,000
– Shares Bid For: 12,50,000
– **NII (Non-Institutional Investors):**
– Subscription: 1.22 times
– Shares Offered: 9,40,000
– Shares Bid For: 11,48,000
– **Retail:**
– Subscription: 6.14 times
– Shares Offered: 21,88,000
– Shares Bid For: 1,34,44,000
– **Total:**
– Overall Subscription: 3.62 times
– Total Shares Offered: 43,78,000
– Total Shares Bid For: 1,58,42,000
The Supreme Power Equipment IPO has witnessed a strong response from retail investors, with a subscription of 6.14 times in this category. Non-Institutional Investors (NII) have also shown substantial interest, subscribing 1.22 times.
The total number of applications received is 6,722, indicating a significant demand for the IPO shares. Investors and market participants will closely monitor the subscription figures in the coming days to assess the overall demand trend for Supreme Power Equipment IPO shares.
