IPO Subscription Status

IPO Subscription Barometer | Today’s Subscription Analysis

Devson Catalyst SME IPO (D-2): Subscription gathered strong momentum on Day 2, led by robust demand from HNIs and retail investors. If this trend continues, the issue could close with healthy oversubscription.
Laser Power IPO (D-2): The mainboard issue continues to witness muted investor interest, with QIB participation yet to begin. A sharp pickup from institutional investors will be crucial on the final day.
Happy Steel SME IPO (D-2): Subscription remains lacklustre despite modest HNI interest, while retail participation is still below expectations. The IPO may require stronger last-day bidding to improve overall demand.
Kusumgar IPO (D-3): Kusumgar IPO witnessed an exceptional final-day response, driven by massive HNI participation and healthy retail demand. The strong oversubscription reflects robust investor confidence and points to positive listing sentiment.

Devson SME IPO \| D-2 \| Size Rs. 42.34 Cr \|
QIB	NII x	RII x	Total x	Applications
2.60	36.48	42.92	29.35	23,837
Outlook- Good trend on the second day of subscription

Laser Power IPO \| D-2 \|
Size Rs 742 Cr. \|
Open 09/07 Close 13/07
QIB	S- HNI	B HNI	HNI	RII	Total
0.68	2.49	1.80	2.03	0.85	1.03
Applications received- 1,28,119 Weak Subscription trend on the second day of subscription

Happy Steel SME IPO \| D-2 \| Size Rs. 25.00 Cr \|
QIB	NII x	RII x	Total x	Applications
0.53	5.40	3.61	3.14	1382
Outlook- Very weak subscription trend on the second day

Kusumgar IPO \| D-3 \| CT
Size Rs 650 Cr. \|
Open 08/07 Close 10/07
QIB	S- HNI	B HNI	HNI	RII	Total
299.51	144.04	189.40	174.28	27.97	135.80
Applications received- 37.19,655 Strong Subscription trend on the last day of subscription

IC Electricals SME IPO \| Closed \| Size Rs. 47.91 Cr \|
QIB	NII x	RII x	Total x	Applications
241.75	764.38	372.50	420.09	3,13,006
Outlook- Strong subscription trend on the last day

Knack Packaging IPO \| Closed \|
Size Rs 439.50 Cr. \|
Open 01/07 Close 03/07
QIB	S- HNI	B HNI	HNI	RII	Total
160.22	112.09	163.11	146.64	21.09	87.17
Applications received- 19,86,651 Subscription trend improved on the last day.

Teja Engineering SME IPO \| Closed \| Size Rs. 37.36 Cr \|
QIB	NII x	RII x	Total x	Applications
–	1.81	0.32	1.37	273
Outlook- Very weak subscription trend on the last day till now.

Atharva Polyplast SME IPO \| Closed \| Size Rs. 27.00 Cr \|
QIB	NII x	RII x	Total x	Applications
3.58	18.97	11.30	10.74	5202
Outlook-

Seemex Resources SME IPO \| Closed \| Size Rs. 19.74 Cr \|
QIB	NII x	RII x	Total x	Applications
17.19	4.08	1.52	3.62	1025
Outlook- Few large amount applications from QIBs pushed up the subscription figure ,otherwise the trend is not so impressive.

Sampark India SME IPO \| Closed\| Size Rs. 27.22 Cr \|
QIB	NII x	RII x	Total x	Applications
1.55	10.11	4.65	4.95	2,110
Outlook- Not so impressive trend on the last day till now.

Vinit Mobile SME IPO \| Closed \| Size Rs. 34.13 Cr \|
QIB	NII x	RII x	Total x	Applications
1.00	0.80	2.18	1.62	1,759
Outlook- Very weak trend on the last day till now.

Kratikal Technologies SME IPO \| Closed \| Size Rs. 39.69 Cr \|
QIB	NII x	RII x	Total x	Applications
145.85	324.64	218.48	220.71	130,220
Outlook- The IPO is crowned as Chanakya Pick and the subscription flow reflects the our IPO-review

Adon Agro SME IPO \| Closed \| Size Rs. 44.03 Cr \|
QIB	NII x	RII x	Total x	Applications
22.47	1.24	0.63	1.16	589
Outlook- Few high amount applications in QIB, has pushed up the subscription level, which otherwise is unimpressive.

Aastha Spintex IPO \| D – 3 \| CT
Size Rs 170 Cr. \|
Open 29/06 Close 1/07
QIB	S- HNI	B HNI	HNI	RII	Total
2.33	5.89	7.72	7.11	2.17	4.18
Applications received- 96,256 Not so impressive trend observed on the last day till now.

Crazy Snacks SME IPO \| D-3 \| Size Rs. 94.51 Cr \|
QIB	NII x	RII x	Total x	Applications
4.75	1.08	1.26	1.21	790
Outlook- Very weak trend on the last day . With few large amount applications, the IPO could said through.

CSM Technologies IPO \| Closed \|
Size Rs 145.78 Cr. \|
Open 24/06 Close 29/06
QIB	S- HNI	B HNI	HNI	RII	Total
1.02	1.33	1.65	1.54	1.63	1.37
Applications received- 45,809 Not so impressive trend observed on the last day till now.

Riyaasat LifeStyle SME IPO \| Closed \| Size Rs. 30.77 Cr \|
QIB	NII x	RII x	Total x	Applications
20.33	0.09	0.44	1.32	312
Outlook- Very weak trend on the last day of Subscription

Jivial Industries SME IPO \| Closed \| Size Rs. 31.99 Cr \|
QIB	NII x	RII x	Total x	Applications
–	1.57	0.22	0.93	330
Outlook- Very weak trend on the second day.

Shreedhar Spinners SME IPO \| Closed \| Size Rs. 30.68 Cr \|
QIB	NII x	RII x	Total x	Applications
2.51	14.58	5.71	6.70	3,470
Outlook- Very weak trend on the lastday also.

Waterways Leisure IPO \| Closed \|
Size Rs 585 Cr. \|
Open 23/06 Close 25/06
QIB	S- HNI	B HNI	HNI	RII	Total
0.72	1.83	0.94	1.23	4.40	1.53
Applications received- 1,15,405 Normal trend seen on Day 3

Advit Jewels IPO \| Closed \|
Size Rs 165.16 Cr. \|
Open 23/06 Close 25/06
QIB	S- HNI	B HNI	HNI	RII	Total
174.98	502.07	554.12	536.32	95.11	212.52
Applications received- 32,02,097 Strong trend seen on Day 2

Turtel Fintech IPO \| Closed \|
Size Rs 882.67 Cr. \|
Open 19/06 Close 23/06
QIB	S- HNI	B HNI	HNI	RII	Total
1.63	0.56	0.54	0.55	1.11	1.24
Applications received- 52,935 Normal trend seen on Day 3

Anubhav Plast SME IPO \| Closed \| Size Rs. 24.00 Cr \|
QIB	NII x	RII x	Total x	Applications
1.23	2.49	2.60	2.18	919

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