IPO Subscription Status
The public issue Vruddhi Engineering Works was subscribed 2.63x for Qualified Institutional Buyers (QIBs), 28.55x for Non Institutional Investors (NIIs), 20.27x for Retail, 17.82x for Total,
| Investor Category | Shares Offered | Shares Bid For | Subscription Times | Total Amount |
|---|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 136,000 | 358,000 | 2.63 | 2.51 |
| Non Institutional Investors (NIIs) | 138,000 | 3,940,000 | 28.55 | 27.58 |
| Retail | 238,000 | 4,824,000 | 20.27 | 33.77 |
| Total | 512,000 | 9,122,000 | 17.82 | 63.85 |
This table provides information about the subscription details of Vruddhi Engineering Works for different investor categories: Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail, and the overall Total, in the context of a securities offering or initial public offering (IPO).
IPO Day-wise Subscription Details
The following table presents the IPO day-wise subscription details forVruddhi Engineering Works across various investor categories, including Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail, and the overall Total. The information is organized to showcase the subscription figures on specific dates during the initial public offering.
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| 26 Mar 24 | 1.31 | 0.29 | 1.89 | 1.3 |
| 27 Mar 24 | 2.63 | 0.96 | 6.82 | 4.13 |
| 28 Mar 24 | 2.63 | 28.55 | 20.27 | 17.82 |