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Excellent Wires and Packaging IPO Draws Strong Interest, Subscribes 3.23x on Day 2!

Excellent Wires and Packaging IPO attracted strong market interest on Day 2, being subscribed 3.23 times, showcasing investor confidence in the company's significant role within the packaging industry.
Excellent Wires and Packaging IPO Draws Strong Interest, Subscribes 3.23x on Day 2!

Excellent wires and Packaging Limited IPO demonstrated strong investor interest on Day 2, with the issue being subscribed 3.23 times. This demand reflects confidence in the company’s market potential and its role in the wires and packaging industry.

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Excellent wires and Packaging Limited IPO Subscription Status

Excellent wires and Packaging IPO started its Day 1 with a modest subscription rate of 1.09 times the offered shares, indicating a lukewarm initial response from investors towards the company’s public offering.

How to check Excellent wires and Packaging IPO Subscription Status?

Steps to check Excellent wires 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 ‘Excellent wires and Packaging 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. 

Excellent wires and Packaging Limited IPO Allotment Status

The allotment date for the Excellent wires and Packaging Limited IPO is set for September 16, with shares priced from ₹90 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.

Excellent wires and Packaging Limited IPO Listing Date 

Excellent wires and Packaging Limited IPO is expected to be listed on the NSE SME on September 19, 2024.

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