Last day to subscribe INOX India IPO; Check live details here

18 Dec 2023 , 11:37 AM

As of December 16, 2023, the INOX India IPO has garnered a subscription rate of 7.14 times within the first two days of the bidding process. The retail portion has exhibited strong interest, being oversubscribed by 8.17 times, while the Non-Institutional Investors (NII) portion has witnessed significant demand, with a subscription rate of 13.75 times. Click here to subscribe the IPO.

Moving into the third day, by 11:30 AM, the overall subscription has increased to 10.50 times. The retail segment of the IPO has attracted bids at a rate of 10.32 times, reflecting sustained investor enthusiasm. Non-Institutional Investors have subscribed 24.03 times, underscoring heightened interest from this category. Meanwhile, the Qualified Institutional Buyers (QIB) segment has achieved a 66% subscription level.

The INOX India IPO pertains to a company specializing in the manufacture and supply of cryogenic equipment. The price band for the IPO is set at Rs 627–Rs 660 per equity share. Interested investors have until December 18, 2023, to participate in the IPO before it concludes.