What does “subscribed 3x” mean?
How many times the shares on offer were bid for. 3x means investors asked for three times the shares available. Strong demand, especially from QIBs, is often read as interest, but it is demand, not a verdict.
Right now, on this site
- Acme India Industries Limited is subscribed 3.84x
- TNA Solutions Limited is subscribed 3.06x
- Paramount Syntex Limited is subscribed 1.52x
- R.K. Fashion Accessories Limited is subscribed 0.40x
Live figures, rebuilt every pipeline run. Updated .
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