- January 02, 2025 09:44
Technichem Organics IPO: Day 2 ended with moderate gains
Technichem Organics IPO witnessed moderate demand, with an overall subscription of 35.62 times.
Qualified Institutional Buyers (QIBs): No bids received yet.
Non-Institutional Investors (NIIs): Subscribed 23.12 times, with individual bidders driving the demand.
Retail Individual Investors (RIIs): Showed solid interest, subscribing 63.39 times, primarily via cutoff bids.
- January 02, 2025 09:43
Indo Farm Equipment IPO: Day 2 ended strong
The Indo Farm Equipment IPO has received robust interest across categories, achieving an overall subscription of 54.50 times the issue size.
Qualified Institutional Buyers (QIBs): Subscribed 11.96 times, led by domestic financial institutions bidding heavily.
Non-Institutional Investors (NIIs): Oversubscribed at a remarkable 131.78 times, with individuals bidding more than ₹2 lakh contributing significantly.
Retail Individual Investors (RIIs): Subscribed 45.70 times, reflecting strong retail participation.