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Brainbees Solutions IPO Sees 0.30x Subscription on Day 2!

News by Aliceblue News Desk

07 Aug 2024

Brainbees Solutions IPO Sees 0.30x Subscription on Day 2!

Brainbees Solutions Limited IPO day 2 subscription status reveals that Qualified Institutional Buyers subscribed at 0.03, Non-Institutional Investors at 0.30, Retail Institutional Investors at 1.06, and Employees at 3.44, resulting in a total subscription of 0.30.

How to check Brainbees Solutions Limited IPO Subscription Status?

Steps to check Brainbees Solutions 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 ‘Brainbees Solutions 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. 

Brainbees Solutions Limited IPO Allotment Status

The allotment date for the Brainbees Solutions Limited IPO is set for August 9, 2024, with shares priced at a range of ₹440 to ₹465 per share and a face value of ₹ 2. The offering consists of lots of 32 shares, with bids accepted for these lots or their multiples.

Brainbees Solutions Limited IPO Subscription Status

Brainbees Solutions Limited IPO saw good interest on Day 1, with the issue being subscribed 0.11 times. This level of subscription reflects a decent initial market reception towards the company’s potential and industry contributions.

Brainbees Solutions Limited IPO Listing Date

Brainbees Solutions Limited IPO is expected to be listed on the NSE SME on August 13, 2024.

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Aliceblue News Desk

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