The Phoenix Overseas IPO minimum market lot is 2000 shares with ₹128,000 application amount. The Phoenix Overseas IPO is a SME IPO, and it is to be listed on NSE.
West Bengal-based Phoenix Overseas Limited is engaged in the business of trading and marketing animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. They are also doing business importing lentils, black urad dal, and tur dal in India in bulk quantities. They have covered Bangladesh and other Asian Countries. The company is recognized as a Three Star Export house by the Ministry of Commerce and Industry, Govt. of India on the date of 1st October 2023 and this recognition is valid for 5 (Five) years. On the other side, the company is engaged in manufacturing bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE, and also in Australia. Purses, wallets, shopping, and fashion bags are manufactured by this company for our clients.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Phoenix Overseas IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.07 | 1.07 | 65.74 |
| NII | 0.19 | 6.43 | 109.71 |
| RII | 2.00 | 35.47 | 148.43 |
| Total | 1.07 | 17.64 | 119.22 |
Phoenix Overseas IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Phoenix Overseas IPO Review
- May Apply
Phoenix Overseas IPO Form
How to apply for the Phoenix Overseas IPO? You can apply for Phoenix Overseas IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Phoenix Overseas IPO in the Invest section. The other option is you can apply for Phoenix Overseas IPO via IPO forms downloaded online. Check out the Phoenix Overseas forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
