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Ambey Labs IPO Day 3: 148.94x Subscription with 70.03 Crore Bids!

News by Aliceblue News Desk

08 Jul 2024

Ambey Labs IPO Day 3: 148.94x Subscription with 70.03 Crore Bids!

On the third day of the Ambey Laboratories Limited IPO, a total of 47,02,000 shares were offered. The IPO received bids for 70,03,16,000 shares, resulting in an overall subscription rate of 148.94 times, indicating strong interest from various investor categories.

How To Check Ambey Laboratories Limited IPO Subscription Status?

Steps to check the 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 Ambey Laboratories 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. 

Ambey Laboratories IPO Allotment Status

The allotment date for the Ambey Laboratories Limited IPO is set for July 9, 2024, with shares priced at a range of ₹65 to ₹68 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples. 

Ambey Laboratories IPO Subscription Status

Ambey Laboratories IPO demonstrated robust demand on Day 2, with a subscription rate of 36.39 times, showcasing its attractive prospects and high investor confidence. 

Ambey Laboratories Limited IPO Listing Date 

Ambey Laboratories IPO is expected to be listed on the NSE SME on July 11, 2024.

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