88 crore. Such fervent demand places the issue among the most subscribed mid‑cap offerings of the quarter, a trend that could lend fresh momentum to the Nifty Midcap 100 as investors anticipate new capital inflows. Hero Motors and SS Retail followed suit, each drawing sizable subscription levels that far exceeded their issue sizes. While exact multiples were slightly lower than Jindal Supreme’s, both companies reported robust investor interest, signalling confidence in the automotive and retail sectors despite a cautious macro environment.
The strong response aligns with a broader shift of retail money toward growth‑oriented equities, a pattern that has been reflected in the recent uptick of the Sensex and Nifty. For retail participants, the next critical step is the allotment process. Investors can verify their allocation status through the BSE and NSE portals or via the Bigshare platform, where the final share distribution will be posted shortly. Promptly checking these sources helps investors manage cash flow and plan subsequent trading strategies, especially if they intend to hold the shares for the long term.
Overall, the enthusiastic subscription across these three IPOs underscores a healthy appetite for new listings among Indian salaried professionals. As allocations roll out, the performance of these stocks could influence mid‑cap sentiment and offer fresh opportunities for portfolio diversification.