The portion for Qualified Institutional Buyers (QIBs) got subscribed 3.57 times, while the category meant for Retail Individual Investors (RIIs) attracted 84 per cent subscription. The quota for non-institutional investors...
Bidding for anchor investors will open on March 31, according to the red herring prospectus (RHP)
The company may consider raising Rs 80 crore through a pre-IPO placement and if such a placement is undertaken the size of the fresh issue will be reduced
The three-day issue, which will close on Thursday, has received 45 per cent subscription from Retail Individual Investors (RIIs)
In SEBI's parlance, its observation implies its go ahead to launch the initial share-sale
The IPO comprises Rs 320 crore from fresh issuance of equity shares and Rs 545 crore through an offer for sale (OFS) of shares by promoters and existing shareholders