Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
When an IPO is "subscribed 2 times," the total demand for the shares offered in the Initial Public Offering (IPO) is twice as much as the number of shares available.
For example, if a company offers 10 million shares in its IPO, and investors have placed orders for 20 million shares, the IPO is said to be "subscribed 2 times."
Subscription ratio = (Shares Subscribed / Shares Available)
Subscription ratio = 20 million / 10 million = 2x (times)
This means the IPO is subscribed 2 times, which indicates that investors have placed orders for twice the number of shares available in the offering.
