Consider this: Of the 240 SME IPOs in 2024, 36 (15%) received retail subscriptions of over 500 times, while 139 (57.9%) saw bids exceeding 100 times, latest data showed.
For the 91 mainboard IPOs/FPOs, none saw a retail subscription of over 500 times. The segment did see some demand, with seven (7.6%) getting retail subscriptions of 100x or over, but it could not rake up the big numbers like the SME issues.
While all the SME issues were oversubscribed by retail investors during the year, four mainboard ones were undersubscribed, including Hyundai Motor India. The trend seemed to have continued from the previous year, which also saw the retail lot log in bigger subscription numbers in SME IPOs compared with the mainboard ones.
This story is from the December 31, 2024 edition of Financial Express Kochi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 31, 2024 edition of Financial Express Kochi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Chinese Dam on Table for Sullivan's India Visit
AI, civilian nuclear cooperation, space may also be taken up
Microsoft to spend $80 billion on AI data centers this year
MICROSOFT CORP PLANS to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.
Mike Johnson Re-elected US House Speaker
REPUBLICAN CONGRESSMAN Mike Johnson on Friday was re-elected as Speaker of the US House of Representatives with a narrow victory margin of three votes.
S Korea investigators ask acting prez to clear way for Yoon's arrest
SOUTH KOREAN INVESTIGATORS again asked the country's acting president on Saturday to order the presidential security service to comply with an arrest warrant for impeached President Yoon Suk Yeol.
No jail time for Trump, suggests judge in US hush money case
Will keep fighting, says communications director Cheung
Rohit clears the air: Not going anywhere
Says those on outside can't influence when he stops playing
Border-Gavaskar Trophy: As Bumrah leaves, 'captain' Kohli calls the shots
Kohli took charge after Bumrah left bowling due to spasm
Worrying signs from the Arctic
Scientists say fires in the region could have major consequences
Introspection needed in the media
attention is paid to these two things that we seem never to get to the issues that really affect ordinary people like healthcare, education, pollution and the horrendous conditions in which most Indians are forced to live.
Dr Manmohan Singh, RIP
Few people realise that without Dr Manmohan Singh's unequivocal support the major signature programmes of the UPA could not have been launched or implemented
