MOIL IPO overall subscription 56.43 times

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
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