Pind Hospitality IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.00 | 1.00 | 1.00 |
| NII | 0.00 | 0.51 | 1.15 |
| RII | 0.02 | 0.03 | 4.31 |
| Total | 0.02 | 0.27 | 2.71 |
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.
The Pind Hospitality IPO minimum market lot is 2400 shares with ₹2,37,600 application amount. The Pind Hospitality IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Pind Hospitality, founded on June 15, 2021, operates in the hospitality sector, mainly running hotels, restaurants, and delivery services. The firm is recognized as one of the established restaurant partners in Pune and has completed over 5 lakh food deliveries to customers through third-party food delivery apps. Since 2016, the company has run 6 restaurants in Pune, Maharashtra. It delivers to customers through its food delivery apps, its own mobile app, and online booking.
The firm also provides outdoor catering services for special events and workplace canteens. Pind Hospitality mostly tries to attract upper-middle-class consumers by promoting fresh and affordable food items. Moreover, it uses media, including the internet, print, direct marketing, and social media, to expand brand visibility. Furthermore, the company purchases its raw materials from local vendors, including perishable items like dairy, vegetables, and meat.
Pind Hospitality 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
Pind Hospitality IPO Review and Rating
- May Apply For Long-term View
Pind Hospitality IPO Form
How to apply for the Pind Hospitality IPO? You can apply for Pind Hospitality IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pind Hospitality IPO in the Invest section. The other option is you can apply for Pind Hospitality IPO via IPO forms downloaded online. Check out the Pind Hospitality forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
