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Brace Port Logistics Limited IPO Sees Huge Demand with 144.79x Subscription on Day 2!

The Brace Port Logistics Limited IPO saw a 144.79x subscription on its second day, indicating strong investor confidence and positive outlook on the company's growth potential and market prospects.
Brace Port Logistics Limited IPO Sees Huge Demand with 144.79x Subscription on Day 2!

Brace Port Logistics Limited IPO saw a strong start on Day 2, with the issue being subscribed 144.79 times. This early interest reflects investor confidence in the company’s market prospects and growth potential.

Brace Port Logistics Limited IPO Subscription Status

Brace Port Logistics Limited IPO saw good interest on Day 1, with the issue being subscribed 48.01 times. This level of subscription reflects a decent initial market reception towards the company’s potential and industry contributions.

How to check Brace Port Logistics Limited IPO Subscription Status?

Steps to check Brace Port Logistics Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Brace Port Logistics Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Brace Port Logistics Limited IPO Allotment Status

The allotment date for the Brace Port Logistics Limited IPO is set for August 22, 2024, with shares priced at a range of ₹76 to ₹80 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Brace Port Logistics Limited IPO Listing Date 

Brace Port Logistics Limited IPO is expected to be listed on the NSE SME on August 26, 2024.

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