The subscription status of the VI FPO (Follow-on Public Offering) as of April 18, 2024, at 5:33:06 PM (Day 1) indicates that the offering has been subscribed 0.29 times overall. This means that the total number of shares bid for is approximately 29% of the total shares offered.
Breaking down the subscription by category:
– In the Retail category, the FPO has been subscribed 0.07 times, indicating that only 7% of the shares offered for retail investors have been bid for.
– In the Qualified Institutional Buyer (QIB) category, the FPO has been subscribed 0.67 times, meaning that institutional investors have bid for approximately 67% of the shares reserved for them.
– In the Non-Institutional Investor (NII) category, the subscription stands at 0.31 times, indicating that non-institutional investors have bid for about 31% of the shares allocated to them.
Further details within the NII category reveal:
– The portion of NII bids above ₹10 lakhs (bNII) has been subscribed 0.37 times, indicating that larger non-institutional investors have bid for approximately 37% of the shares allocated to them.
– The portion of NII bids below ₹10 lakhs (sNII) has been subscribed 0.19 times, indicating that smaller non-institutional investors have bid for approximately 19% of the shares allocated to them.
Overall, the total number of applications received for the VI FPO is 174,015, suggesting the number of unique bids submitted by investors across all categories.
