Optimystix Entertainment IPO Day 2 Live: QIB subscribed 1.02x

Optimystix Entertainment’s initial public offering is currently in its second day of subscription. As of the latest update, the issue has garnered a total subscription of 0.93 times. While Qualified Institutional Buyers (QIB) have shown interest with a 1.02 times subscription, the Retail category remains undersubscribed at 0.87 times.

Subscription Status

The IPO saw mixed interest across categories on Day 2. The QIB segment is the only category to cross the 1x mark, indicating institutional confidence. However, the Non-Institutional Buyers (NII) and Retail segments are yet to be fully subscribed.

Category	Day 2 Subscription
Qualified Institutional Buyers (QIB)	1.02 x
Non-Institutional Buyers (bHNI)	1.22 x
Non-Institutional Buyers (sHNI)	0.4 x
Retail	0.87 x
Employees	0 x
Total Subscribed	0.93 x

About the Company

Optimystix Entertainment is going public with an issue size ranging between ₹398400 crore and ₹500000 crore. The company operates in the entertainment sector. Investors looking to participate can apply for a minimum bid quantity of 1600 shares.

Key Dates

Investors should note the following details regarding the offer:

Floor Price: ₹166.00000
Ceiling Price: ₹175.00000
Minimum Bid Quantity: 1600 shares

The issue will continue to accept bids until the final day of subscription. Allotment and listing dates will be announced subsequently based on the final subscription status.

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.

Category	Subscription Multiple
QIB	1.02 x
NII (bHNI)	1.12 x
NII (sHNI)	0.07 x
Retail	0.46 x
Employees	0 x
Total	0.68 x

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.