Optimystix Entertainment IPO opened for subscription today, drawing an overall subscription of 0.68x on Day 1. While Qualified Institutional Buyers (QIB) have subscribed 1.02x, the retail category remains under-subscribed at 0.46x.

Subscription Status

The IPO saw varied interest across investor categories on its first day. QIBs were the most active segment, while Non-Institutional Buyers (NII) showed moderate interest.

About the Company

Optimystix Entertainment is entering the public markets with this initial public offering. The company’s operations and financial highlights are detailed in its offer documents. Investors are advised to review the DRHP for comprehensive business insights.

Offer Details

The issue is priced between ₹166 and ₹175 per share. The minimum bid quantity is set at 1600 shares. The IPO size ranges from a minimum of 398400 to a maximum of 500000.

Optimystix Entertainment IPO opened for subscription today, marking the beginning of its public listing journey. The company has set a price band of ₹166 to ₹175 per share. Investors are currently evaluating the offer as the subscription window remains open.

Subscription Status

As of the latest data available on Day 1, the subscription numbers are as follows:

About the Company

Optimystix Entertainment is entering the public markets with this initial public offering. The company operates in the entertainment sector. Specific operational details and competitive strengths were not provided in the current data snapshot.

Offer Details

The IPO structure includes a price band ranging from ₹166 to ₹175. The minimum bid quantity for investors is 1600 shares. The issue size ranges from a minimum of ₹398400 to a maximum of ₹500000.

Bottom Line

The Optimystix Entertainment IPO is in its early stages of subscription. With the total subscribed amount currently at 0x, investors have several days left to decide whether to participate in the issue. Monitor the subscription trends over the coming days for a clearer picture of market interest.