The preliminary public providing (IPO) of Supreme Facility Administration, a small and medium-sized enterprise (SME), was subscribed 1.77 occasions on the primary day of bidding.
Supreme Facility Administration IPO is providing 65,79,200 shares as a part of the general public situation. The corporate reserved 28,12,800 shares or 42.75% for retail traders, 6,25,600 shares or 9.51% for certified establishments (QIB), 28,11,200 shares or 42.73% for non-institutional traders ( NIIs).
Supreme Facility Administration IPO particulars
The SME IPO opened for public situation on December, 11 and can shut on December, 13. The allotment for the SME IPO is predicted to be finalised on December 16. Supreme Facility Administration IPO is scheduled to tentatively listing on NSE SME on December 18, 2024.
Supreme Facility Administration IPO subscription standing
On Day 1, Supreme Facility Administration IPO subscribed 1.77 occasions. The portion reserved for retail traders was subscribed 3.13, whereas the portion reserved for NIIs was booked 0.56 occasions, and the QIB portion was subscribed 1.06 occasions, in keeping with Chittorgarh.com.
The minimal lot measurement is 1600 Shares. The minimal quantity of funding required by retail traders is ₹1,21,600. The minimal lot measurement funding for HNI is 2 heaps or 3,200 shares, which is round ₹2,43,200.
Supreme Facility Administration IPO final GMP in the present day is ₹24, in keeping with investorgain.com. The value band of the IPO is about ₹72 to ₹76 and the estimated itemizing worth is ₹100. The anticipated achieve or loss per share is 31.58 per cent. The corporate plans to lift ₹50 crore via the general public situation. The book-running lead supervisor of the Supreme Facility Administration IPO is Khandwala Securities Restricted.
Supreme Facility Administration gives built-in facility administration, provide chain options, worker transportation, company meals options, and manufacturing help providers. It was established below L V Shinde Group in 1983. It goals to deal with various company wants by streamlining operations with an emphasis on security and sustainability.
