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Durlax Top Surface IPO Day 2 Subscription Skyrockets to 13.26x Subscription

News by Aliceblue News Desk

20 Jun 2024

Durlax Top Surface IPO Day 2 Subscription Skyrockets to 13.26x Subscription

Durlax Top Surface IPO saw its IPO achieve impressive traction on Day 2, with the issue being subscribed 13.26 times. This high subscription rate demonstrates strong investor interest and confidence in the company’s market potential.

How To Check Durlax Top Surface 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 Durlax Top Surface 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. 

Durlax Top Surface Limited IPO Allotment Status

The allotment date for the Durlax Top Surface IPO is set for June 24, 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. 

Durlax Top Surface Limited IPO Subscription Status

Durlax Top Surface IPO experienced solid Day 1 demand, achieving a subscription rate of 5.56 times. This suggests measured investor optimism and reflects strong market confidence in the company’s growth potential.

Durlax Top Surface Limited IPO Listing Date 

Durlax Top Surface IPO is expected to be listed on the NSE SME on June 26, 2024.

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