Brainbees Solutions Limited IPO Ended with Huge 12.22x Subscription on Day 3Brainbees Solutions Limited IPO Ended with Huge 12.22x Subscription on Day 3

Brainbees Solutions Limited IPO saw strong interest on day 3 of its IPO. Qualified Institutional Buyers (QIBs) led with a subscription of 19.30 times, followed by Non-Institutional Investors at 4.68 times, Retail Institutional Investors (RIIs) at 2.31 times, and Employees at 6.57 times, totaling 12.22 times.

Brainbees Solutions Limited IPO Subscription Status

Brainbees Solutions Limited IPO saw good interest on Day 2, with the issue being subscribed 0.30 times. This level of subscription reflects a decent initial market reception towards the company’s potential and industry contributions.

How to check Brainbees Solutions Limited IPO Subscription Status?

Steps to check Brainbees Solutions 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 ‘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 Listing Date 

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