IPO Subscription Status

IPO Subscription Barometer | Today’s Subscription Analysis

Devson SME IPO: Subscription remains muted on the final day, with retail participation crossing 10x but overall demand at just 8.08x, indicating a cautious listing outlook.
Laser Power IPO: The mainboard issue has witnessed a slow start with overall subscription of just 0.17x on Day 1, as investors await stronger QIB participation in the final days.
Happy Steel SME IPO: The IPO has received an extremely weak response on the last day, with overall subscription of only 0.59x, making a strong listing unlikely unless bidding improves sharply.
Kusumgar IPO: The issue continues to attract robust demand, led by strong HNI and healthy retail participation, with overall subscription reaching 13.89x, indicating strong investor confidence and a positive listing outlook.

Devson SME IPO \| D-1 \| Size Rs. 42.34 Cr \|
QIB	NII x	RII x	Total x	Applications
1.72	10.59	10.99	8.08	6,211
Outlook- Weak subscription trend on the last day

Laser Power IPO \| D-1 \|
Size Rs 742 Cr. \|
Open 09/07 Close 13/07
QIB	S- HNI	B HNI	HNI	RII	Total
0.00	0.34	0.13	0.20	0.25	0.17
Applications received- 35,139 Weak Subscription trend on the first day of subscription

Happy Steel SME IPO \| D-1 \| Size Rs. 25.00 Cr \|
QIB	NII x	RII x	Total x	Applications
0.21	1.31	0.50	0.59	203
Outlook- Very weak subscription trend on the first day

Kusumgar IPO \| D-2 \|
Size Rs 650 Cr. \|
Open 08/07 Close 11/07
QIB	S- HNI	B HNI	HNI	RII	Total
2.30	37.64	39.18	38.67	10.06	13.89
Applications received- 13,22,673 Strong Subscription trend on the second 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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