Grover Jewells Ltd
IPO Day 2 Subscription Status
Grover Jewells Ltd IPO Day 2 Subscriptions details: check bidding details
Grover Jewells Ltd IPO day 2 subscription details:
The initial public offering of Grover Jewells Ltd ended the second day with investors bidding 1.65 the available shares on offer worth 33.83. The retail investor portion of the IPO was subscribed 2.02 times the available shares on offer. Retail investors have 46.45% of the total issue reserved for them.
At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.0 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.
The non-institutional investors quota got bids for 2.66 times the available quota of shares. This segment includes HNI and ultra HNI investors.
Read More: Grover Jewells Ltd IPO day 1 subscriptions details
Here's a snapshot of the subscription details:
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 0.0 |
| Non-Institutional Investors (NII) | 2.66 |
| Retail Individual Investors (RII) | 2.02 |
| Total | 4.68 |
Grover Jewells Ltd IPO details :
Grover Jewells Ltd's IPO consists of a fresh issue of ₹33.83. The IPO’s price band is ₹83 – ₹88 per share. The company’s shares will be listed on NSE - SME on 11 Feb 26.
Here are the key details of Grover Jewells Ltd IPO
Offer for sale: 0.00 shares
Fresh issue: 33.83
Price Band: ₹83 – ₹88 per share
Bid open dates: 04 Feb 26
Allotment date: 09 Feb 26
Listing date: 11 Feb 26
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