As of January 15, 2024, 12:45 PM (Day 1), the subscription status of the Maxposure IPO indicates robust demand, with the public issue being subscribed 23.22 times. Here’s a breakdown of the subscription details across different categories:
– **QIB (Qualified Institutional Buyers):**
– Subscription: 0.01 times
– Shares Offered: 11,40,000
– Shares Bid For: 8,000
– **NII (Non-Institutional Investors):**
– Subscription: 17.05 times
– Shares Offered: 8,80,000
– Shares Bid For: 1,50,08,000
– **Retail:**
– Subscription: 38.80 times
– Shares Offered: 20,48,000
– Shares Bid For: 7,94,56,000
– **Total:**
– Subscription: 23.22 times
– Shares Offered: 40,68,000
– Shares Bid For: 9,44,72,000
The total number of applications received is 19,864.
These figures highlight the significant interest from retail investors, with a subscription rate of 38.80 times in the retail category. While the QIB category shows a relatively lower subscription, the NII category exhibits substantial demand, contributing to the overall high subscription rate. It’s crucial to monitor the subscription status for any changes throughout the IPO period, providing insights into investor enthusiasm and potential listing performance.
