Simca Advertising Ltd IPO Day 1 Subscriptions details: check bidding details

Simca Advertising Ltd IPO day 1 subscription details:

The initial public offering of Simca Advertising Ltd ended the first day with investors bidding 0.09 the available shares on offer worth 58.04. The retail investor portion of the IPO was subscribed 0.08 times the available shares on offer. Retail investors have 38.59% of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers' (QIB) portion of the 0.00% 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 0.27 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here's a snapshot of the subscription details:

Simca Advertising Ltd IPO details :

Simca Advertising Ltd's IPO consists of a fresh issue of ₹58.04. The IPO’s price band is ₹174 – ₹183 per share. The company’s shares will be listed on NSE - SME on 15 May 26.

Here are the key details of Simca Advertising Ltd IPO

Offer for sale: 0.00 shares

Fresh issue: 58.04

Price Band: ₹174 – ₹183 per share

Bid open dates: 08 May 26

Allotment date: 13 May 26

Listing date: 15 May 26

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