Sampat Aluminium IPO Subscribed 7.44x by Day 2; NII Portion Leads at 10.81x

Mumbai, September 18, 2025: Sampat Aluminium Limited’s SME IPO remained in strong demand from investors on the second day of bidding, with subscription at 7.44 times so far on day 2. The issue that had opened on September 17 and will close on September 19, witnessed heavy subscription across non-institutional and retail categories, highlighting increasing demand for the Gujarat-based manufacturer of aluminium products. The shares of the company are to be listed on the BSE SME platform on September 24.

Sampat Aluminium Limited, founded in 1999, produces aluminium rods and wires using the Properzi process. It supplies its products to 14 states and 2 union territories, serving the power, construction, and engineering industries. It is promoted by Sanket Sanjay Deora, Sanjay Vimalchand Deora, Ekta Sanket Deora, and Sampat Heavy Engineering Ltd.

Day 2 Investor Response (As of 1:59 PM IST, September 18, 2025)

The Sampat Aluminium Limited IPO witnessed robust demand on the second day of bidding, with the issue being subscribed 7.44 times till 1:59 PM on September 18, 2025. The Qualified Institutional Buyers (QIBs) category remained subdued, subscribing merely 0.90 times, where bids were received for 4.28 lakh shares compared to 4.75 lakh on offer.

On the contrary, the Non-Institutional Investors (NIIs) segment led with 10.81x subscription. Of this, the bNII category (bids greater than ₹10 lakh) subscribed 13.73x, whereas the sNII category (bids less than ₹10 lakh) subscribed 4.99x.

Retail investors also showed robust interest, subscribing 9.72 times with applications for 81.16 lakh shares against 8.35 lakh reserved. The issue also attracted 3,714 applications.

Sampat Aluminium IPO is managed by Marwadi Chandarana Intermediaries Brokers Pvt Ltd as the Book Running Lead Manager, with Cameo Corporate Services Ltd acting as the registrar.

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