In line with expectations
MOIL Limited which had tapped the capital markets with its IPO for 3.36 cr shares was overall subscribed a staggering 56.43 times. Retail investors were at the forefront today and their portion was subscribed 32.86 times, or this segment garnered a staggering Rs 14,300 crs of subscription. HNI portion was subscribed 143.30 times. This segment garnered bids worth Rs 26,542 crs. The overall issue garnered bids worth Rs 71,100 crs and would make any promoter happy at the stupendous success. The issue currently on from SCI would be keenly watched for the QIB portion subscription which closes today.
The detailed subscription details of each category are given below.
Category | Shares Offered | Shares Subscribed | Times |
QIB | 16464000 | 809312438 | 49.16 |
NII | 4939200 | 707771795 | 143.30 |
Retail | 11524800 | 378678774 | 32.86 |
Employee | 672000 | 386223 | 0.57 |
Overall | 33600000 | 1896149230 | 56.43 |