InvestorQ : Is it true that the IPO subscriptions in the latest week were relatively tepid compared to the week before that?
Arusha Ray made post

Is it true that the IPO subscriptions in the latest week were relatively tepid compared to the week before that?

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vidhya Laxmi answered.
4 months ago
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In a way, you have hit the nail on the head as the response to the IPOs were relatively tepid in the current week as compared to the previous week. If you compare the response to the four IPOs of the current week i.e., Nuvoco Vistas, CarTrade, Chemplast Sanmar and Aptus Value Housing, they were much lower than the previous week IPOs consisting of Exxaro Tiles, Windlas Biotech, Devyani International and Krsnaa Diagnostics. Here are numbers.

For example, out of IPOs that closed during the latest week on 11-Aug and 12-Aug, 2 IPOs got reasonable response and 2 just about got through. CarTrade IPO was subscribed 20.29 times while Aptus Value Housing IPO got subscribed 17.2 times. In contrast, Nuvoco Vistas IPO got subscribed just 1.71 times while Chemplast was subscribed just 2.17 times. In contrast the likes of Devyani had been subscribed 120 times in the week before that.

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