Horizon Reclaim IPO subscribed 8.18 times, retail leads
Horizon Reclaim's IPO was subscribed 8.18 times overall. Retail investors subscribed 11.1 times, while non-institutional buyers bid 12.88 times.
*this image is generated using AI for illustrative purposes only.
Horizon Reclaim's initial public offering (IPO) concluded with a total subscription of 8.18 times. The issue saw varied demand across investor categories, with non-institutional buyers and retail investors showing the strongest interest.
Subscription Breakdown
The Qualified Institutional Buyers (QIB) category recorded 0 times subscription. Meanwhile, the employee quota was also subscribed 0 times.
Retail investors bid 11.1 times their reserved portion. The non-institutional buyers category was divided into sHNI and bHNI segments, with the latter subscribing 12.88 times and the former 11.07 times.
| Investor Category | Subscription Level |
|---|---|
| Qualified Institutional Buyers (QIB) | 0 x |
| Employees | 0 x |
| Retail | 11.1 x |
| Non-Institutional Buyers (bHNI) | 12.88 x |
| Non-Institutional Buyers (sHNI) | 11.07 x |
| Total Subscribed | 8.18 x |
What factors contributed to the complete lack of interest from Qualified Institutional Buyers?
How might the zero subscription from employees impact internal morale and retention post-IPO?
Will the heavy oversubscription by retail and HNI investors sustain the stock price once trading begins?
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