Jayesh Logistics IPO Day 1: The initial public offering (IPO) of Jayesh Logistics Ltd opened on Monday, October 27. The Rs 28.63-crore SME IPO will remain available for public subscription for three days till Wednesday, October 29. On the first day of bidding on Monday, the IPO received a 4.28x subscription, garnering bids for 71,59,000 shares as against the 16,71,000 shares on offer.

Its retail category has received a 2.26x subscription, while the NII (non-institutional investor) quota has received a 7.77x subscription. The QIB category received a 5.02x subscription.

Jayesh Logistics IPO Price & Lot Size

The price band of the IPO has been fixed in the range of Rs 116 to Rs 122 apiece. The lot size for the issue is 1,000. It means a retail investor will have to apply for a minimum of 1

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