IPO News Today Live Highlights: The ongoing Indo Farm Equipment IPO and Technichem Organics IPO have garnered significant attention from investors. As of January 2, 2025, the third day of subscription, the Technichem Organics IPO saw a remarkable total subscription of 375.53 times, driven by Non-Institutional Investors (NIIs) at 767.55 times and Retail Individual Investors (RIIs) at 298.88 times. Similarly, the Indo Farm Equipment IPO recorded a total subscription of 222.04 times, with strong demand from Qualified Institutional Buyers (QIB) at 242.11 times and Non-Institutional Investors (NII) at 490.91 times.
The Technichem Organics IPO witnessed a moderate demand on Day 2, with an overall subscription of 35.62 times. The Non-Institutional Investors (NIIs) subscribed at 23.12 times, while Retail Individual Investors (RIIs) showed strong interest at 63.39 times.
On the other hand, the Indo Farm Equipment IPO received robust interest on Day 2, achieving an overall subscription of 54.50 times the issue size. QIBs subscribed 11.96 times, NIIs oversubscribed at 131.78 times, and RIIs subscribed 45.70 times.
Overall, both IPOs have seen positive investor participation and are likely to attract significant attention in the market. Investors are eagerly awaiting the outcome of these IPOs as they continue to demonstrate strong demand and interest.
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