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Source: scanx.trade
Simca Advertising's initial public offering has garnered an overall subscription of 4.16 times, with participation recorded across multiple investor categories. The Qualified Institutional Buyers segment emerged as the strongest contributor, reflecting institutional interest in the issue.
Subscription Breakdown by Investor Category
The subscription figures across all investor categories are presented below:
Category: Subscription (x) Qualified Institutional Buyers (QIB): 6.50x Retail: 4.04x Non-Institutional Buyers (bHNI): 3.43x Non-Institutional Buyers (sHNI): 2.64x Employees: 0x Total Subscribed: 4.16x
Category-Wise Performance Highlights
The Qualified Institutional Buyers (QIB) category recorded the highest subscription at 6.50 times, making it the most oversubscribed segment of the issue. The Retail category followed with a subscription of 4.04 times, indicating healthy participation from individual investors.
Among the Non-Institutional Buyers, the big HNI (bHNI) segment was subscribed 3.43 times, while the small HNI (sHNI) segment recorded a subscription of 2.64 times. The Employee category saw no subscription, registering at 0 times.
Overall, the issue was subscribed 4.16 times, driven primarily by institutional and retail investor demand.
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Source: scanx.trade
Source: The Economic Times