Signatureglobal India IPO subscribed over 2 times on day 3 so far; retail portion fully booked
IPO subscription status: Signatureglobal Ltd IPO has been subscribed 2.65 times on day 3, so far. Signatureglobal IPO opened for subscription on Wednesday, September 20, and will close today (Friday, September 22). The company has fixed price band of the public offer at ₹366 to ₹385.
Bids can be made for a minimum of 38 equity shares and in multiples of 38 equity shares thereafter. Signatureglobal IPO's retail investors portion was subscribed 4.18 times, NII portion was subscribed 5.81 times, and Qualified Institutional Buyers (QIB) portion was subscribed 65%. Signatureglobal IPO has received bids for 2,98,70,546 shares against 1,12,43,196 shares on offer, at 12:45 IST, according to data from the BSE.
Signatureglobal Ltd IPO retail investors' portion received bids for 83,68,664 shares against 19,94,535 shares on offer for this segment. Signatureglobal IPO's non-institutional investors' portion received bids for 1,74,34,590 shares against 29,91,803 on offer for this segment. Signatureglobal India IPO's Qualified Institutional Buyers (QIBs) portion received bids for 40,67,292 shares against 62,56,858 on offer for this segment.
Signatureglobal Ltd IPO was subscribed 54% on day 1, and was subscribed 1.62 times on day 2. Also Read: Signature Global IPO: GMP, subscription status, other details. Apply or not? Signatureglobal Ltd IPO comprises a fresh issuance of 15,662,338 shares totalling to ₹603 crore worth of shares and an offer for sale (OFS) of up to 3,298,701 equity shares aggregating to ₹127 crore by promoter and promter group.
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