Indegene Limited IPO Opens Quietly, Achieves 1.67x Subscription on Day 1!

Indegene Limited IPO saw mixed Day 1 responses, totaling 1.67x subscriptions. QIBs barely participated, while Non-Institutional Investors led strongly. Retail and Employee categories showed moderate interest.
Indegene Limited IPO Opens Quietly, Achieves 1.67x Subscription on Day 1!

Indegene Limited IPO experienced varied interest on Day 1, achieving a total subscription of 1.67 times. QIBs showed minimal participation at 0.05x, while Non-Institutional Investors led with 4.13x. Retail Individual Investors and Employees subscribed at 1.50 and 1.31 times respectively.

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How To Check Indegene 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 Indegene 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. 

Indegene Limited IPO Allotment Status

The allotment date for the Indegene Limited IPO is set for May 9, 2024, with shares priced at a range of ₹430 to ₹452 per share and a face value of ₹2. The offering consists of lots of 33 shares, with bids accepted for these lots or their multiples.

Indegene Limited IPO Listing Date 

Indegene Limited IPO is expected to be listed on the NSE SME on May 13, 2024.

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