Luxury Time IPO allotment due today after massive 635x subscription across segments

Luxury Time’s SME IPO allotment is set to be finalised today after witnessing a record 635 times subscription, with listing expected on December 11.

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Luxury Time IPO allotment due today after massive 635x subscription across segments

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Luxury Time IPO allotment due today after massive 635x subscription across segments
Luxury Time’s SME IPO allotment is set to be finalised today after witnessing a record 635 times subscription, with listing expected on December 11.
Market participants are awaiting the allotment outcome of Luxury Time Ltd’s ₹18.74 crore SME IPO, which is expected to be finalised on December 9. The issue witnessed extraordinary demand, recording an overall subscription of 635.53 times, driven by strong participation across all investor categories. Retail investors subscribed the issue 860.53 times, while NIIs and QIBs booked their portions 676.95 times and 205.58 times, respectively. 
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