As of 3:31:57 PM on May 31, 2024, the TBI Corn IPO has been subscribed 5.72 times on its first day. Here are the detailed subscription figures by category:
– **Retail Category:** The retail portion has been subscribed 25.82 times, with 1,52,83,200 shares bid for against the 5,92,000 shares offered.
– **Qualified Institutional Buyers (QIB) Category:** This category has seen a very low subscription rate of 0.01 times, with only 4,800 shares bid for out of the 9,08,800 shares offered.
– **Non-Institutional Investors (NII) Category:** The NII category has been subscribed 4.28 times, with 29,16,000 shares bid for against the 6,81,600 shares offered.
#### Overall Subscription Status:
– **Total Subscription:** 5.72 times
– **Total Shares Offered:** 31,82,400
– **Total Shares Bid For:** 1,82,04,000
– **Total Applications Received:** 12,736
This indicates a high level of interest in the retail segment, moderate interest from non-institutional investors, and minimal participation from qualified institutional buyers on the first day of bidding.
