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Investor Frenzy as TBI Corn IPO Oversubscribed 215 Times in Just 3 Days

TBI Corn IPO was subscribed 215.07 times by Day 3, showing strong investor interest and confidence in the company's future prospects and market standing.
Investor Frenzy as TBI Corn IPO Oversubscribed 215 Times in Just 3 Days

TBI Corn IPO reached a remarkable subscription status by Day 3, being subscribed 215.07 times. This overwhelming response underscores significant investor interest and confidence in the company’s potential and market position.

How To Check TBI Corn 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 TBI Corn 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. 

TBI Corn IPO Allotment Status

The allotment date for the TBI Corn IPO is set for June 5, 2024, with shares priced at a range of ₹90 to ₹94 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples. 

TBI Corn IPO Subscription Status

TBI Corn IPO witnesses exceptional Day 2 demand, with a subscription rate of 50.75 times. Reflecting investor confidence and market optimism for industry growth, highlighting positive market sentiment.

TBI Corn Limited IPO Listing Date 

TBI Corn IPO is expected to be listed on the NSE SME on June 7, 2024.

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