Indegene Ltd IPO Hits High Note with 69.91x Subscription

Indegene Limited IPO sees varied Day 3 interest: QIBs at 197.55x, Non-Institutional Investors at 55.07x, RIIs at 7.95x, and Employees at 6.48x, totaling 69.91x subscription.
Indegene Ltd IPO Hits High Note with 69.91x Subscription

Indegene Limited IPO saw diverse interest on Day 3, with Qualified Institutional Buyers (QIBs) subscribe at 197.55x, Non-Institutional Investors at 55.07x, Retail Individual Investors (RIIs) at 7.95x, and Employees at 6.48x, totaling 69.91x subscription.

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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 Subscription Status

Indegene Limited IPO saw diverse interest on Day 2, with QIBs at 1.65 times, Non-Institutional Investors at 7.89 times, RIIs at 1.95 times, and employees at 1.54 times. The total subscription reached 3.14 times, showing healthy market interest across all categories.

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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