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Sham Foam
Sham Foam
Subscription Status
LISTEDCloses: Aug 13
The Sham Foam IPO is currently subscribed 2.40x overall. Below is the live breakdown of demand across different investor categories.
Total Subscription
2.40x
Retail Demand (RII)
0.00x
Category-wise Breakdown
| Investor Category | Subscription Times |
|---|---|
| Qualified Institutions (QIB) | 0.00x |
| Non-Institutional (NII/HNI) | 0.00x |
| Retail Investors (RII) | 0.00x |
| Total Overall | 2.40x |
How is IPO Subscription Calculated?
The subscription rate indicates how many times the total available shares were bid for by investors. A subscription of 10x means that for every 1 share available, there are bids for 10 shares. High subscription rates in the QIB and NII categories usually suggest strong institutional demand, which often correlates with a higher listing premium.