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The IPO received a subscription of 66 times at close. According to market analysts, the company's shares are commanding a premium of Rs 8 as against an issue price of Rs 36. The tentative listing date is fixed as January 3.
RBZ Jewellers IPO was subscribed 16.86 times. The retail portion was subscribed 24.45 times with over 8.55 crore consolidated share bids received against the quota of 35 lakh shares.
The allotment status can also be checked by visiting the official website of the registrar to the issue which is Bigshare Services in this case.
The SME IPO of Accent Microcell was subscribed by a whopping 362 times at close with the total bids surpassing the Rs 18,000 crore mark, which is a first for any SME company.
The IPO of Net Avenue Technologies was subscribed over 500 times. The robust demand was led by retail investors, whose category was subscribed 721 times, while that of non-institutional investors was subscribed 616 times. The part reserved for institutional investors was subscribed 62 times.