IPO subscription status: Samhi Hotels IPO has been subscribed 1.02 times on day 3, so far. Samhi Hotels IPO has opened for subscription on Thursday, September 14, and will close today (Monday, September 18). Samhi IPO's retail investors portion was subscribed 83%, NII portion was subscribed 27%, and Qualified Institutional Buyers (QIB) portion was subscribed 1.47 times.
Samhi Hotels IPO has received bids for 6,40,50,560 shares against 6,25,29,831 shares on offer, at 13:03 IST, according to data from the BSE. Samhi Hotels IPO retail investors' portion received bids for 95,04,649 shares against 1,14,34,033 shares on offer for this segment. Samhi IPO's non-institutional investors' portion received bids for 45,58,771 shares against 1,71,51,050 on offer for this segment.
Samhi IPO's Qualified Institutional Buyers (QIBs) portion received bids for 4,99,87,140 shares against 3,39,44,748 on offer for this segment. Samhi Hotels IPO subscription status on day 1 was 7%. Also Read: Samhi Hotels IPO: Issue subscribed 12% on day 2; retail portion booked 58% Samhi Hotels IPO price band has been fixed in the range between ₹119 to ₹126 per equity share of face value of ₹1 each.
The company aims to raise ₹1,370.10 crore from this public issue out of which ₹1,200 crore is aimed from fresh issue and rest ₹170.10 crore is expected via OFS (offer for sale) route. Samhi Hotels IPO is 119 equity shares and in multiples of 119 equity shares thereafter. Samhi Hotels has raised ₹616.50 crore from anchor investors on Wednesday, September 13.
Also Read: Samhi Hotels IPO: Issue to open tomorrow; check latest GMP, IPO price band, other key things to know Prior to the opening of its initial public offering (IPO), Blue Chandra Pte. Ltd. sold Madhuri. Read more on livemint.com