• Source:JND
HighLights
  1. Technocraft Ventures IPO was subscribed 2.57 times on the first day.
  2. Leap India IPO saw a low 0.26 times subscription initially
  3. Both IPOs show subdued Grey Market Premium (GMP).

The initial public offerings (IPOs) of Technocraft Ventures and Leap India witnessed contrasting interest from investors on their first day of subscription on Friday. Technocraft's share sale was subscribed over 2.5 times, while Leap India's IPO received 0.25 times subscription. Meanwhile, the grey market premium of these share sales remained subdued. 

Technocraft Ventures IPO Subscription Status 

According to NSE data, the Rs 251.88 crore book-built initial share sale was subscribed 2.57 times, receiving bids for 2,13,82,690 shares as compared to 83,17,190 total offered shares till 4:48 PM. The shares reserved for Qualified Institutional investors were subscribed 4.47 times, followed by Non-institutional investors quota--3.75 times. Meanwhile, the retail individual investors (RIIs) category was subscribed 0.98 times, or 98 per cent.

Technocraft Ventures IPO GMP: The latest GMP of the IPO is Rs 15--last updated at 04:55 PM. With this, the shares hint at a listing gain of 7 per cent against the upper price band of Rs 212.00. 

Technocraft Ventures has fixed the price band at Rs 200 to Rs 212 per share. The lot size for an application is 70 shares, meaning a minimum of Rs 14,840 is required to place a bid. The IPO will close on August 11. 

LEAP India IPO Subscription Status 

The share sale of Leap India was subscribed 0.26 times or 26 per cent, receiving bids for 3,01,37,058 shares against 11,49,91,735 total allotted shares. 

Leap India IPO GMP 

LEAP India IPO is a book-built issue of Rs 2,480.00 crores. The issue is a combination of a fresh issue of 3.02 crore shares aggregating to Rs 480.00 crores and an offer for sale of 12.58 crore shares aggregating to Rs 2,000.00 crores.

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Leap India IPO GMP: The latest GMP of the IPO is Rs 14.5, updated at 04:59 PM on Investorgain. With the upper price band of Rs 159.00, LEAP India shares are expected to gain 9.12 per cent on listing.

IPO Details 

LEAP India IPO will be open for subscription till Aug 11, 2026. Earlier, the company set a price band at Rs 151 to Rs 159 per share. The lot size for an application is 94 shares, meaning a minimum amount of Rs 14,946 is needed to place a bid. 


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