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Q-Line Biotech Ltd IPO Day 2 Subscription Status

Q-Line Biotech Ltd

IPO Day 2 Subscription Status

Q-Line Biotech Ltd IPO Day 2 Subscription Status

Q-Line Biotech Ltd IPO Day 2 Subscriptions details: check bidding details

Q-Line Biotech Ltd IPO day 2 subscription details:

The initial public offering of Q-Line Biotech Ltd ended the second day with investors bidding 3.82 the available shares on offer worth 214.48. The retail investor portion of the IPO was subscribed 3.61 times the available shares on offer. Retail investors have 46.49% 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 4.15 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 3.88 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Q-Line Biotech Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Investor CategorySubscription (Times)
Qualified Institutional Buyers (QIB)4.15
Non-Institutional Investors (NII)3.88
Retail Individual Investors (RII)3.61
Total11.63

Q-Line Biotech Ltd IPO details :

Q-Line Biotech Ltd's IPO consists of a fresh issue of ₹214.48. The IPO’s price band is ₹326 – ₹343 per share. The company’s shares will be listed on NSE - SME on 29 May 26.

Here are the key details of Q-Line Biotech Ltd IPO

Offer for sale: 0.00 shares

Fresh issue: 214.48

Price Band: ₹326 – ₹343 per share

Bid open dates: 21 May 26

Allotment date: 26 May 26

Listing date: 29 May 26

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