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Ideal Technoplast Industries IPO Soars with 10.74x Subscription Rate on Day 2

Ideal Technoplast Industries IPO on Day 2 received a strong 10.74 times subscription, reflecting significant market confidence and optimism in the company’s potential for growth.
Ideal Technoplast Industries IPO Soars with 10.74x Subscription Rate on Day 2

Ideal Technoplast Industries IPO saw substantial investor interest on Day 2, with the issue being subscribed 10.74 times. This level of subscription underscores the market’s strong confidence in the company’s potential and future growth prospects.

Ideal Technoplast Industries Limited IPO Subscription Status

Ideal Technoplast Industries IPO on Day 1 witnessed a solid subscription, with the issue being subscribed 5.10 times. This strong demand highlights investor confidence in the company’s prospects, showing a positive reception in the market and setting a promising tone for the remaining subscription period.

How to check Ideal Technoplast Industries IPO Subscription Status?

Steps to check Ideal Technoplast Industries 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 ‘Ideal Technoplast Industries 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. 

Ideal Technoplast Industries Limited IPO Allotment Status

The allotment date for the Ideal Technoplast Industries Limited IPO is set for August 26, 2024, with shares priced at a range of ₹121 per share and a face value of ₹10. The offering consists of lots of 1000 shares, with bids accepted for these lots or their multiples.

Ideal Technoplast Industries Limited IPO Listing Date 

Ideal Technoplast Industries Limited IPO is expected to be listed on the NSE SME on August 28, 2024.

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