Ventive Hospitality, Senores Pharma, Carraro India public offerings to close soon; here's a summary of subscription status so far

The initial public offering (IPO) of three companies which opened in the previous week on December 20, 2024 are going to end today, December 24, 2024. Two IPOs; Ventive Hospitality, and Senores Pharmaceuticals have been oversubscribed on their third or last day bidding process by 6.05 times and 77.64 times, respectively so far until 3:09 pm, according to the BSE data. However, Carraro India issue has been booked 0.96 times. Here is how the subscriptions of these three IPOs by different categories have fared:

Ventive Hospitality IPO subscription status

Ventive Hospitality IPO witnessed strong demand across four categories including NIIs, Employees, and RIIs. The NIIs have applied for 4,15,97,616 shares or 10.58 times against 39,31,967 shares reserved for the category. On the other hand, the QIBs portion received bids for 3,34,83,745 shares or 4.26 times against 78,63,934 shares. Meanwhile, RIIs and Employee quotas have been booked 4.64 times or 1,21,62,124 shares, and 8.16 times or 1,40,645 shares, respectively.

Senores Pharmaceuticals IPO subscription status

Senores Pharma's IPO was booked 77.64 times  at the last count with bids for 66,26,66,458 shares against 85,34,681 shares, led by Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). RIIs have applied for 12,49,08,280 shares against 15,46,586 shares allocated for them, while the NIIs portion received bids for 21,09,87,172 shares against 23,19,879 shares. Meanwhile, the Qualified Institutional Buyers (QIBs) portion fetched bids for 32,54,03,956 shares or 70.84 times against 45,93,216 shares.

Carraro India IPO subscription status

In these three public offerings, Carraro India's public issue has witnessed minimum participation and was not even fully subscribed. The issue was booked just 0.96 times or bids were received for 8,73,84,130 shares against 1,44,34,453 shares. Across the various categories, only the QIBs portion was fully booked.

RIIs bid for 39,47,811 shares or 0.60 times and the HNIs quota fetched 0.52 times or 14,53,473 shares against 28,06,887 shares, which is minimum participation category-wise.