Sudeep Pharma IPO Subscribed 1.43 Times on Day 1
The Sudeep Pharma Ltd IPO saw a healthy response on its opening day, recording **1.43 times subscription** overall. The **NII (HNI) category** showed the strongest demand with **3.01 times** bids.
**Category-wise subscription:**
* **Retail Investors:** 1.53 times
* **QIB (Qualified Institutional Buyers):** 0.09 times
* **NII (Non-Institutional Investors):** 3.01 times
The figures reflect strong interest from retail and HNI investors, while institutional participation remained limited on Day 1. The subscription numbers may pick up further in the upcoming sessions.
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**Disclaimer:** This update is for informational purposes only and not investment advice.
GROWW
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