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Liqvd Digital India IPO Subscribed 5.08 Times; NSE Cautions Against Illegal Trading Platforms
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News18•26-09-2026, 22:30
Liqvd Digital India IPO Subscribed 5.08 Times; NSE Cautions Against Illegal Trading Platforms
- •Liqvd Digital India's Rs 39-crore SME IPO was subscribed 5.08 times on its final day of bidding, receiving bids for 3.86 crore equity shares against 75.94 lakh shares on offer.
- •The non-institutional portion of the Liqvd Digital India IPO was subscribed 21.02 times, the retail portion 1.43 times, and the Qualified Institutional Buyer category was fully subscribed.
- •Axiom Gas Engineering debuted on NSE Emerge at Rs 54.75, against an issue price of Rs 54 per share, with its IPO subscribed 1.37 times, raising Rs 50.75 crore.
- •NSE has issued a warning to investors regarding the Telegram channel 'Dabba Traders Since 2016' and the 'Blue Rock Trading Platform' for offering illegal dabba trading services.
- •NSE stated that dabba trading violates securities laws, potentially leading to imprisonment of up to 10 years and a fine of up to Rs 25 crore, and advised investors against participating in such platforms.
Key Questions Answered
The initial share sale of digital marketing solutions provider Liqvd Digital India was subscribed 5.08 times on the final day of bidding, receiving bids for 3.86 crore equity shares against 75.94 shares on offer.
Liqvd Digital India has fixed a price band of Rs 51-54 per equity share for its IPO, and the shares will be listed on the BSE SME platform.
Persons contravening specified provisions regarding illegal dabba trading platforms can face imprisonment of up to 10 years, a fine of up to Rs 25 crore, or both.
