Closed, lists 4 Nov
Final subscription · demand high · NSE, 30 Oct, 7:00 PM IST
M. K. Sons Fine Jewels IPO was subscribed 5.09 times. That means investors bid for 5.09 times the shares on offer.
| Investor type | Times subscribed |
|---|---|
| Big funds (QIB) | 1.84× |
| Rich investors (NII) | 14.12× |
| Retail investors | 3.08× |
| Total | 5.09× |
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 · 28 Oct | 0.96× | 1.19× | 0.23× | 0.65× |
| Day 2 · 29 Oct | 0.99× | 2.2× | 0.85× | 1.18× |
| Day 3 · 30 Oct | 1.84× | 14.12× | 3.08× | 5.09× |
End-of-day figures from NSE bid data. Day numbers count trading days from the opening date.
5.09 times overall: QIB 1.84×, NII 14.12×, retail 3.08×.
QIBs are big institutions such as mutual funds and foreign funds. NIIs are rich individuals and companies bidding over ₹2 lakh. Retail is individuals bidding up to ₹2 lakh.
If the retail category is subscribed more than about 1 time, retail shares are given out by lottery, one lot per winning applicant. Higher subscription means lower odds.
Information only, not investment advice. Back to M. K. Sons Fine Jewels IPO overview · All IPO GMPs today · Upcoming IPOs