Market News
2 min read | Updated on December 17, 2024, 10:06 IST
SUMMARY
Investors can check share allotment finalisation details for the Vishal Mega Mart IPO and Sai Life Sciences IPO on the Kfin Technologies website. For MobiKwik, investors should visit Link Intime India.
The ₹8,000 crore Vishal Mega Mart IPO was an OFS of shares by promoter Kedaara Capital-led Samayat Services LLP.
The IPO allotments of MobiKwik, Vishal Mega Mart, and Sai Life Sciences were finalised on Monday, December 16. Investors who placed their bid can check the share allotment status online on the National Stock Exchange (NSE) and BSE websites.
Investors can also check finalisation details for the Vishal Mega Mart IPO and Sai Life Sciences IPO on the Kfin Technologies website. For MobiKwik, investors should visit Link Intime India.
Shares of MobiKwik, Vishal Mega Mart, and Sai Life Sciences will be listed on the NSE and the BSE on Wednesday, December 18, at 10 am.
The ₹572 crore public offer, with a price range of ₹265-₹279 per share, was subscribed 119.38 times, getting bids for over 141 crore shares as against 1.18 crore shares on offer.
Category | Number of Times Subscription |
---|---|
Qualified Institutional Buyers (QIBs) | 119.50 |
Non-institutional Investors (NIIs) | 108.95 |
Retail Individual Investors (RIIs) | 134.67 |
Total | 119.38 |
The initial share sale, with ₹74-₹78 price band, got bids for 20,64,25,23,020 shares compared to 75,67,56,757 shares on offer, leading to a 27.28 times subscription.
Category | Number of Times Subscription |
---|---|
QIBs | 80.75 |
NIIs | 14.25 |
RIIs | 2.31 |
Total | 27.28 |
Sai Life Sciences ₹3,043 crore initial public offering received 10.26 times subscription during the three-day bidding period, as QIBs subscribed 30.93 times the quota reserved for them, NIIs subscribed 4.92 times, and retail investors subscribed 1.37 times.
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