Strong QIB demand at 92.25 times drives overall subscription amid anchor investment of ₹223 crore

By the end of the second day of bidding, the IPO had been fully subscribed, receiving bids for 100% of the 2.55 crore shares on offer. The retail investor segment was subscribed…

Strong QIB demand at 92.25 times drives overall subscription amid anchor investment of ₹223 crore

The IPO comprised a fresh issue of 2.53 crore equity shares worth Rs 542 crore and an offer for sale (OFS) of 0.93 crore shares aggregating to Rs 200 crore. The price band for the…