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

Yash Optics & Lens Limited IPO sees 0.92x subscription on Day 2, showing cautious investor sentiment possibly due to market uncertainty or limited awareness. Stronger investor outreach may be needed.
"Bharti Hexacom के IPO की बाजार में धमाकेदार शुरुआत, शेयर ₹755 पर 32.5% प्रीमियम के साथ ओपन हुए!"

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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