Jyoti Global Plast IPO Subscribed 8.45x on Final Day, Led by Strong Retail and HNI Participation

Jyoti Global Plast Limited's ₹35.44 crore IPO concluded on August 6, 2025, with a solid overall subscription of 8.45 times, reflecting healthy investor interest across categories. The book-built issue, priced at ₹66 per share, saw strong demand from retail and non-institutional investors, while QIB participation picked up on the final day.

The NII category led the subscription with 14.70 times, while retail investors followed closely with 9.54 times. The QIB segment recorded a subscription of 1.86 times, showing moderate institutional appetite.

A total of 4,946 applications were received with cumulative bids reaching ₹199.49 crore against the IPO size of ₹35.44 crore. Anchor and Market Maker categories were fully subscribed.

Jyoti Global Plast IPO Subscription Status

Category-wise Subscription Status as of August 6, 2025 (5:00:04 PM)

Key Highlights - Day 3:

• Overall subscription closed at 8.45 times, a significant jump from 3.42x on Day 2.
• Non-Institutional Investors showed robust interest, with 14.70 times subscription, led by strong bids from both bNII (17.76x) and sNII (8.61x) segments.
• Retail Investors category recorded 9.54 times subscription, reflecting steady participation across the 3-day window.
• QIB segment rose sharply on Day 3 to 1.86x, after limited interest on the earlier days.
• The issue received 4,946 total applications, with cumulative bids amounting to over ₹199.49 crore.

Key Highlights - Day 2:

• Overall subscription rose to 3.42 times by Day 2, reflecting growing traction across categories.
• QIB interest remained negligible at 0.01 times, with most institutional bids expected on Day 3.
• Non-Institutional Investor (NII) bids climbed to 6.52 times, supported by strong demand from both bNII and sNII segments.
• bNII (above ₹10 lakh) stood at 8.12 times, while sNII (below ₹10 lakh) reached 3.35 times.
• Retail Investor category witnessed significant pickup, reaching 4.04 times, compared to 0.81x on Day 1.
   

Key Highlights - Day 1:

• IPO opened with an overall subscription of 1.50 times on the first day.
• Non-Institutional Investor (NII) category led the demand with a strong 5.10 times subscription.
• Within NII, bNII segment opened at 7.31 times, while sNII stood at 0.69 times.
• Retail Investor category showed cautious participation at 0.81 times.
• No QIB participation was recorded on Day 1.
• Early retail and HNI traction indicated positive sentiment among individual investors.
   

About Jyoti Global Plast Limited

Incorporated in January 2004, Jyoti Global Plast Limited is a Mumbai-based company engaged in the manufacturing of plastic moulded products catering to diverse industrial applications. The company specialises in providing polymer-based packaging containers such as HDPE and PP drums, jerrycans, barrels, pails, and bottles.