IPOs of Vishal Mega Mart, One Mobikwik System and Sai Life Sciences will close on December 13. Bidding for the IPO of Inventurus Knowledge Solutions will end on December 16. Four mainboard initial public offer (IPOs) namely Vishal Mega Mart, One Mobikwik Systems, Sai Life Sciences and Inventurus Knowledge Solutions are under progress today. While IPOs of Vishal Mega Mart, One Mobikwik Systems and Sai Life Sciences opened on December 11, share sale for Inventurus Knowledge Solutions started today.
The first three IPOs will close on December 13. Bidding for the IPO of Inventurus Knowledge Solutions will end on December 16.
Here's a look at the subscription details of the four ongoing IPOs.
One Mobikwik Systems
On the second day of subscription, the MobiKwik IPO was subscribed 11.53 times at 12:17 pm. The portion designated for retail investors was subscribed 41 times, while the portion reserved for QIBs had a subscription rate of 0.03 per cent, and the portion allotted to NIIs saw bidding of 14.8 times in the afternoon session. According to data, the IPO received 12,99,93,471 share applications against 1,12,75,986 shares offered during the share sale.
Vishal Mega Mart
The IPO of the retail chain was subscribed 0.81 times at 12:17 pm. According to data, the IPO received 58,47,52,930 share applications against 71,79,48,719 shares offered during the share sale.
The portion alloted for retail investors was subscribed 0.78 times, while the portion reserved for QIBs had a subscription rate of 0.03 per cent. The portion allotted for NIIs saw bidding of 1.94 times in the afternoon session today.
Sai Life Sciences
The IPO of Sai Life Sciences saw a subscription of 0.91 times of the issue size in the afternoon session today. The share sale received bids of 3,53,51,829 against 3,87,94,785 shares offered during the share sale.
The portion meant for retail investors was subscribed 0.28 times, while the portion reserved for QIBs saw the highest subscription of 2.52 times or 252%. The portion allotted for NIIs saw bidding of 0.25 times in the afternoon session today.
Inventurus Knowledge Solutions
The share sale which started today was subscribed 0.14 times of the issue size in the afternoon session today. The share sale received bids of 14,63,803 against 1,03,66,780 shares offered during the share sale. The portion meant for retail investors was subscribed 0.51 times, while the portion reserved for QIBs saw subscription of just 913 shares. The portion allotted for NIIs saw bidding of 0.18 times on Thursday.