Phytochem Remedies IPO Shows Weak Response, Subscribed 0.57x on Day 3

Phytochem Remedies (India) Limited's initial public offering (IPO) has demonstrated weak investor interest through its third day of subscription. The issue price is fixed at ₹98 per share. The ₹38.22 crore IPO reached 0.57 times by 4:54:33 PM on day three. 

Phytochem Remedies IPO individual investors segment leads with weak 0.83 times subscription. Non-institutional investors display weak interest at 0.31 times. Market makers show complete participation at 1.00 times.

Phytochem Remedies IPO subscription reached weak 0.57 times on day three. It was led by Individual Investors (0.83x) and Non-Institutional Investors (0.31x). Total applications reached 801.

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Subscription Status of Phytochem Remedies IPO:

Here are the subscription details for Phytochem Remedies IPO as of Day 3 (December 22, 2025, 4:54:33 PM):

Key Highlights - Day 3:

• Overall subscription reached weak 0.57 times, showing substantial improvement from day two's 0.23 times but still indicating subdued investor interest
• Individual investors displaying weak confidence at 0.83 times, building substantially from day two's 0.27 times but still indicating subdued retail appetite for this SME IPO
• Non-institutional investors showing weak performance at 0.31 times, marginally improving from day two's 0.20 times, indicating very weak HNI interest for this corrugated boxes manufacturer
• Total applications reached 801, showing very limited investor participation for this SME IPO
• Cumulative bid amount reached ₹20.69 crores, significantly below the net offer size of ₹36.29 crores (excluding market maker portion)
• Market makers fully subscribed their allocation of ₹1.93 crores

Phytochem Remedies IPO - Day 2 Subscription at 0.23 Times

Key Highlights - Day 2:

• Overall subscription reached weak 0.23 times, showing modest improvement from day one's 0.08 times but still indicating very subdued investor interest
• Individual investors displaying weak confidence at 0.27 times, building substantially from day one's 0.10 times
• Non-institutional investors showing weak performance at 0.20 times, building substantially from day one's 0.06 times

Phytochem Remedies IPO - Day 1 Subscription at 0.08 Times

Key Highlights - Day 1:

• Overall subscription reached weak 0.08 times, showing very cautious initial investor interest
• Individual investors displaying negligible confidence at 0.10 times, indicating very weak retail sentiment
• Non-institutional investors showing negligible performance at 0.06 times, indicating virtually no HNI interest

About Phytochem Remedies (India) Limited

Incorporated in 2002, Phytochem Remedies (India) Limited is a manufacturer of corrugated boxes and corrugated board solutions, catering primarily to industries such as food and beverages, FMCG, pesticides, pharmaceuticals, and automotive, based in Jammu, India.