Story thread · 2 reports / 2 sources
IPO fever surges as 10 August issues cross 100x bids
economictimes.indiatimes.com · 12d
Mumbai: August turned out to be a blockbuster month for IPO subscriptions, with 10 of the 23 issues receiving bids for more than 100 times the shares on offer, the highest such tally in a single month since 2006, as per BSE and NSE data.Hy-Tech Engineers topped the charts with bids for 244.41 times the shares on offer, followed by Tempsens Instruments India at 183.53 times and ESDS Software Solutions at 135.88 times.133722605Ardee Industries, Lumino Industries, Augmont Enterprises, Behari Lal Engineering, Sunshine Pictures, Shiprocket and Priority Jewels were the other IPOs subscribed more than 100 times during the month. The subscription frenzy surpassed previous monthly highs by a wide margin. September 2024 had seven IPOs subscribed more than 100 times, while January 2025 had five.Read more: Global Market: Data centre boom fuels demand for power, cooling equipment suppliersThe August rush has taken the number of IPOs subscribed more than 100 times so far in 2026 to 15, already the t
First report: IPO Rush: 3 Listings, 2 New Issues & ESDS Software Solutions In Focus — businesstoday.in, 13d
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