IPO Offerings: The IPO of three big companies is open for investors to apply from today. Investors can apply for the IPO of Vishal Mega Mart Limited, Sai Life Sciences Limited and One Mobikwik Systems Limited from 11 December to 13 December 2024. But according to BSE data, the maximum crowd of investors is seen applying for the IPO of One Mobikwik Systems. On the very first day of opening of the IPO, the IPO of One Mobikwik Systems has been subscribed 4 times. 

Retail investors flocked to MobiKwik's IPO

MobiKwik Systems' IPO has been fully subscribed on the very first day by non-institutional investors and retail investors. On the very first day, the reserve quota for retail investors has been subscribed 17 times while the reserve quota for non-institutional investors has been filled 4.13 times. 

MobiKwik Systems is going to raise Rs 572 crore from the market through IPO. The company has fixed the price band of Rs 265 -279 per share for a share with a face value of Rs 2. Investors can apply for a minimum lot of 53 shares. The IPO will remain open for application till December 13 and the IPO will be listed on the stock exchange on December 18. 

Vishal Mega Mart is waiting for investors!  

Compared to MobiKwik Systems, according to BSE data, Vishal Mega Mart IPO has been subscribed only 0.29 times till 2 pm. Vishal Mega Mart is going to raise Rs 8000 crore from the market through IPO. The company has fixed the price band of the IPO at Rs 74-78 per share. There is a lot size of 190 shares. The IPO will close on December 13 and listing on the stock exchange is expected on December 18. 

Sai Life Sciences got a lukewarm response on the first day 

Sai Life Sciences Limited IPO will also be open for applications from 11 to 13 December. According to BSE data, Sai Life Sciences IPO could be filled only 0.65 times till 2 pm. The company has fixed the price band of Rs 522 to Rs 549 per share. Investors can apply for a minimum lot of 27 shares. The company will be listed on the stock exchange on December 18.