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Yash Optics & Lens IPO Day 2 shows Cautious Bidding Leads to Subdued 0.82x Subscription Rate

News by Aliceblue News Desk

28 Mar 2024

Yash Optics & Lens IPO Day 2 shows Cautious Bidding Leads to Subdued 0.82x Subscription Rate

Yash Optics & Lens Limited IPO subscribed 0.92 times on day 2, showing a cautious approach from investors. This moderate response reflects market uncertainty or limited awareness about the company’s position in the optical industry, suggesting a need for stronger investor outreach.

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Yash Optics & Lens Limited IPO Subscription Status

Yash Optics & Lens Limited IPO subscribed only 0.5 times on the first day, showing a tepid response from investors. 

How To Check Yash Optics & Lens Limited IPO Subscription Status? 

Steps to check the IPO allotment 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 Yash Optics & Lens 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. 

Yash Optics & Lens Limited IPO Allotment Status

The allotment date for the Yash Optics & Lens Limited IPO is set for April 4, 2024, with shares priced at a range of ₹75 to ₹81 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Yash Optics & Lens Limited IPO Listing Date 

Yash Optics & Lens IPO is expected to list on the NSE SME on April 5, 2024.

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