Sampat Aluminium IPO Subscribed 3.60x on Day 1
The Sampat Aluminium, also known as TechDefence, IPO was subscribed 3.60 times by 5:00 PM on September 17, 2025, the second day of bidding.
The company received bids for 60,03,600 shares against 16,66,800 shares available on day one, reflecting strong investor interest.
Incorporated on November 1, 1999 as a private limited company under the Companies Act, 1956, Sampat Aluminium is a key player in aluminium production. It manufactures aluminium wires and rods primarily using aluminium ingots, rods, wires, and recycled aluminium scrap.
As of Wednesday, September 17, 2025, the Sampat Aluminium (TechDefence) IPO was commanding a ₹22 grey market premium, implying a trading price of ₹142, compared with the issue price of ₹120.
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