The preliminary public providing (IPO) of Supreme Facility Administration, a small and medium-sized enterprise (SME), was subscribed 1.77 instances on the primary day of bidding.
Supreme Facility Administration IPO is providing 65,79,200 shares as a part of the general public subject. The corporate reserved 28,12,800 shares or 42.75% for retail buyers, 6,25,600 shares or 9.51% for certified establishments (QIB), 28,11,200 shares or 42.73% for non-institutional buyers ( NIIs).
Supreme Facility Administration IPO particulars
The SME IPO opened for public subject 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 record on NSE SME on December 18, 2024.
Supreme Facility Administration IPO subscription standing
On Day 1, Supreme Facility Administration IPO subscribed 1.77 instances. The portion reserved for retail buyers was subscribed 3.13, whereas the portion reserved for NIIs was booked 0.56 instances, and the QIB portion was subscribed 1.06 instances, in accordance with Chittorgarh.com.
The minimal lot dimension is 1600 Shares. The minimal quantity of funding required by retail buyers is ₹1,21,600. The minimal lot dimension funding for HNI is 2 tons or 3,200 shares, which is round ₹2,43,200.
Supreme Facility Administration IPO final GMP at this time is ₹24, in accordance with investorgain.com. The worth 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 subject. 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 companies. It was established beneath L V Shinde Group in 1983. It goals to handle various company wants by streamlining operations with an emphasis on security and sustainability.