An Preliminary Public Providing (IPO) bid description or demand graph because the identify suggests helps traders to grasp the entire bids obtained for a brand new public providing and the demand from varied quotas of traders – Certified Institutional Consumers (QIBs). ), non-institutional traders (NIIs) and retail particular person traders (RIIs)
Based on Ajit Mishra, VP-Analysis, Religare Broking, the subscription ratio exhibits what traders take into consideration the IPO and will be seen earlier than subscribing to the problem.
The lately concluded IPO of Shyam Metallics & Vitality received subscribed 121 occasions on the final day of bidding on Wednesday. One other IPO that closed on Wednesday was by Sona BLW Precision Forgings (Sona Comstar). It obtained a comparatively low response with solely 2.3x subscriptions. learn extra
However the place and tips on how to verify these particulars? There’s a downfall right here.
To verify the bid particulars for IPO on NSE, one wants to go to the web site and below Market Knowledge, choose New Public Challenge. A brand new window will seem displaying all of the IPOs which can be energetic at the moment.
By deciding on the problem on which you need info, you can be directed to a brand new web page the place, below Bid Particulars, you will discover Consolidated Bid Particulars (Right here) and NSE Bid Particulars (Right here).
The primary exhibits the entire bids and calls obtained from totally different teams of shares for shares on NSE and BSE whereas the latter exhibits solely the bids and their particulars from NSE.
Verify demand on NSE right here: Dodla Dairy and KIMS Hospital
Equally, on BSE, one can go to the menu and choose Public Points/OFS/SGB from the dropdown. On this, you can see all of the reside and upcoming public points (right here).
On deciding on the Energetic Public Challenge, you can be redirected to a web page containing the small print of that exact IPO. By clicking on the Cumulative Demand Schedule (right here) one can verify the entire bids obtained for the IPO on each NSE and BSE. This determine will stay the identical on each the exchanges.
To get the bid particulars for BSE (Right here), one has to go to the BSE Demand Schedule. Including the entire bids obtained on BSE and NSE, this determine would be the identical because the cumulative bids obtained.
Verify demand right here on BSE: Dodla Dairy and KIMS Hospital