Final day of Vibhor Steel Tubes' IPO

15 Feb 2024 , 04:27 AM

Today is the last day to bid on an initial public offering (IPO). There is only one day left for primary market investors to submit an application for the book build issue. Investor response to the public offering of Vibhor Steel Tubes has been robust, and this is expected to continue rising as the tone of the stock market has turned bullish following a solid recovery on Wednesday, according to the IPO subscription status.

The public issue has been booked 296.68 times as of 4:23 PM on the third day of bidding, while the retail component has been subscribed 184.3 times. While the QIB component of the book build problem has only been filled 178.73 times, the NII portion has been subscribed 720.33 times.

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