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Emcure Pharma IPO Sees Modest Demand on Day 1, Subscribed 1.32 Times

News by Aliceblue News Desk

03 Jul 2024

Emcure Pharma IPO Sees Modest Demand on Day 1, Subscribed 1.32 Times

Emcure Pharmaceuticals IPO on Day 1 sees varied interest: QIBs at 0.07 times, Non-Institutional Investors at 2.70 times, Retail Individual Investors at 1.39 times, and Employees at 2.25 times. Overall, the total subscription stands at 1.32 times. 

How To Check Emcure Pharma 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 Emcure Pharma 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. 

Emcure Pharmaceuticals IPO Allotment Status

The allotment date for Emcure Pharmaceuticals is set for July 8, 2024, with shares priced at a range of ₹960 to ₹1008 per share and a face value of ₹10. The offering consists of lots of 14 shares, with bids accepted for these lots or their multiples. 

Emcure Pharma IPO Listing Date
Emcure Pharmaceuticals IPO is expected to be listed on the NSE SME on July 10, 2024.

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