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  5. IPO Highlights: Vikram Solar booked 4.5x; Patel Retail subscribed over 19x on Day 2

IPO Highlights: Vikram Solar booked 4.5x; Patel Retail subscribed over 19x on Day 2

Upstox
By Upstox News Desk

5 min read | Updated on August 20, 2025, 18:09 IST

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SUMMARY

IPO Live Updates: The initial public offering of Shreeji Shipping Global has been subscribed 6.59 times on the second day of bidding. It had received 7,51,80,354 bids against 1,14,08,600 reserved shares.

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Vikram Solar commenced its manufacturing operations in 2009. | Image: Shutterstock

  1. IPO Live Updates: Mangal Electrical issue booked 54% on day 1

    CategorySubscription Status
    Qualified Institutional Buyers (QIBs)12%
    Non-Institutional Investors72%
    Retail Investors70%
    Total54%

    August 20, 2025, 18:07 PM

  2. IPO Live Updates: Vikram Solar subscribes over 4x on day 2

    IPO Live Updates: The initial public offering of Vikram Solar got a total booking of 4.56 times on the second day of bidding. It had received 20,70,74,925 bids against 45,361,650 reserved shares.

    • Qualified Institutional Buyers (QIBs): 0.11x

    • Non-institutional Investors: 13.01x

    • Retail Individual Investors (RIIs): 3.47x

    August 20, 2025, 18:03 PM

  3. IPO Live Updates: Gem Aromatics issue subscribed nearly 3x on second day

    IPO Live Updates: The initial public offering of Gem Aromatics has been booked 2.90 times on the second day of bidding. It had received 2,83,51,410 bids against 9,782,363 reserved shares.

    • Qualified Institutional Buyers (QIBs): 1.54x

    • Non-institutional Investors: 3.95x

    • Retail Individual Investors (RIIs): 3.19x

    August 20, 2025, 17:59 PM

  4. IPO Live Updates: Shreeji Shipping Global booked over 6x on day 2

    IPO Live Updates: The initial public offering of Shreeji Shipping Global has been subscribed 6.59 times on the second day of bidding. It had received 7,51,80,354 bids against 1,14,08,600 reserved shares.

    • Qualified Institutional Buyers (QIBs): 2.42x

    • Non Institutional Investors: 11.22x

    • Retail Individual Investors (RIIs): 6.99x

    August 20, 2025, 17:56 PM

  5. IPO Live Updates: Patel Retail issue subscribed over 19x on second day

    IPO Live Updates: The initial public offering of Patel Retail has been subscribed 19.48 times on the second day of bidding. It had received 15,22,78,014 bids against 7,815,612 reserved shares.

    • Qualified Institutional Buyers (QIBs): 17.16x

    • Non-institutional Investors: 26.10x

    • Retail Individual Investors (RIIs): 16.55x

    August 20, 2025, 17:52 PM

  6. IPO Live Updates: Classic Electrodes offer opens on August 22

    IPO Live Updates: Welding electrodes and MIG wires maker Classic Electrodes (India) Ltd's initial public offering will go live on Friday, August 22, and end on August 26.

    August 20, 2025, 16:05 PM

  7. IPO Live Updates: Mangal Electrical issue booked 41% so far on day 1

    CategorySubscription Status
    Qualified Institutional Buyers (QIBs)6%
    Non-Institutional Investors46%
    Retail Investors58%
    Total41%

    August 20, 2025, 15:44 PM

  8. IPO Live Updates: Vikram Solar offer garners nearly 4 times subscription so far on Day 2

    IPO Live Updates: The initial public offer of solar module maker Vikram Solar Ltd garnered 3.91 times subscription so far on the second day of bidding on Wednesday.

    The initial share sale received bids for 17,74,06,380 shares against 4,53,61,650 shares on offer, according to data available with the NSE.

    August 20, 2025, 15:19 PM

  9. IPO Live Updates: 5 offers valued at ₹4,700 crore expected to launch by August-end

    IPO Live Updates | Upcoming IPOs: Vikran Engineering has already declared its ₹772 crore IPO will launch on August 26. The issue from Anlon Healthcare, Jain Resource Recycling, Sunshine Pictures and Jinkushal Industries, are expected to launch by the end of August.

    August 20, 2025, 15:02 PM

  10. IPO Live Updates: Shreeji Global Shipping offer booked over 5 times so far on day 2

    CategorySubscription Status
    Qualified Institutional Buyers (QIBs)2.38 times
    Non-Institutional Investors7.95 times
    Retail Investors5.42 times
    Total5.09 times

    August 20, 2025, 14:30 PM

  11. IPO Live Updates: ARC Insulation offer to open on August 21

    IPO Live Updates: The initial public offering of ARC Insulation & Insulators will open for bidding on August 21.

    August 20, 2025, 14:05 PM

  12. IPO Live Updates: Innovatiview, Park Medi World, Runwal Enterprises, 2 others get SEBI approval to launch IPOs; check details

    IPO Live Updates: As many as five companies, including security and surveillance solutions provider Innovatiview India, and Park Medi World, which runs the hospital chain under the Park brand, have received SEBI's nod to raise funds via initial public offerings (IPOs), an update with the markets regulator showed on Wednesday.

    August 20, 2025, 13:30 PM

  13. IPO Live Updates: Gem Aromatics IPO booked nearly 2 times so far on day 2

    CategorySubscription Status
    Qualified Institutional Buyers (QIBs)1.18 times
    Non-Institutional Investors1.98 times
    Retail Investors2.08 times
    Total1.81 times

    August 20, 2025, 12:57 PM

  14. IPO Live Updates: Patel Retail offer booked nearly 11 times so far on day 2

    IPO Live Updates: The initial public offering of Patel Retail has been subscribed 10.79 times until 12:18 pm on Wednesday, with bids for 8,42,99,172 shares compared to 78,15,612 shares on offer.

    August 20, 2025, 12:18 PM

  15. IPO Live Updates: TAC InfoSec arm CyberScope Web3 Security gets board nod to launch public offer in US

    IPO Live Updates: Cybersecurity vulnerability management company TAC InfoSec Limited on Tuesday, August 19, said its subsidiary CyberScope Web3 Security Inc. has received the board approval to launch an initial public offering (IPO) in the US.

    August 20, 2025, 11:54 AM

  16. IPO Live Updates: Studio LSD offer subscribed 2.51 times so far on day 3

    IPO Live Updates: Studio LSD's initial public offering has been subscribed 2.51 times so far on the third day of bidding on Wednesday.

    August 20, 2025, 11:09 AM

  17. IPO Live Updates: Kissht operator OnEMI Technology Solutions files draft papers with SEBI

    IPO Live Updates: OnEMI Technology Solutions, which operates India's digital lending platform Kissht, has filed draft papers with market regulator SEBI seeking its approval to raise funds through an initial public offering (IPO).

    August 20, 2025, 10:44 AM

  18. IPO Live Updates: Patel Retail offer booked over 8 times so far on day 2

    IPO Live Updates: The initial public offering of Patel Retail has been subscribed 8.14 times until 10:27 am on Wednesday, with bids for 6,35,99,726 shares compared to 78,15,612 shares on offer.

    August 20, 2025, 10:29 AM

  19. IPO Live Updates: Regaal Resources makes strong debut

    IPO Live Updates: Shares of Regaal Resources Ltd made a strong debut, listing at ₹141 per share, a premium of 38.24% over the issue price of ₹102 per share.

    August 20, 2025, 10:05 AM

  20. IPO Live Updates: Mahendra Realtors stock lists at 20% discount on NSE SME

    IPO Live Updates: Shares of Mahendra Realtors & Infrastructure debuted at a 20% discount on the NSE SME platform on Wednesday, August 20. The stock started trading at ₹68 apiece as against the issue price of ₹85.

    August 20, 2025, 09:55 AM

  21. IPO Live Updates: Studio LSD offer to conclude on August 20

    IPO Live Updates: The initial public offering of Studio LSD will conclude on Wednesday, August 20.

    August 20, 2025, 09:54 AM

  22. IPO Live Updates: Seven IPOs open for subscription; 2 listings scheduled

    IPO Live Updates: The current active IPOs include Shreeji Shipping Global, Gem Aromatics, Mangal Electrical, LGT Business Connextions, Studio LSD, Vikram Solar, and Patel Retail IPO. The stock listings on Wednesday include Regaal Resources and Mahendra Realtors.

    August 20, 2025, 09:53 AM