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The subscription of the IPO is calculated based on the applications submitted by investors. The IPO subscription number indicates the demand for an IPO. It is determined by dividing the number of shares applied for by the number of shares offered.
Based on the applications received, the IPO may be undersubscribed or oversubscribed. If the demand for shares is greater than the shares offered, the issue is oversubscribed. If the demand for shares is less than those offered, the issue is undersubscribed.
The exchanges update the subscription status in real-time on their website based on the bids received.
Topic: IPO Subscription Feedback
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