The stock made its debut at Rs 706.15, registering a jump of 9.99 per cent from the issue price at the BSE. It rallied 20.98 per cent to Rs 776.75.
According to the NSE data, the offer received bids for 10,17,04,080 shares against 6,25,41,023 shares on offer.
The Initial Public Offer (IPO) is of up to 85,49,340 equity shares and has a price band of Rs 595-630 per share.
The Initial Public Offer (IPO) received bids for 1,32,64,410 shares against 6,25,41,023 shares on offer, according to data available with the NSE.
The initial share-sale comprises fresh issuance of equity shares worth Rs 250 crore and an offer for sale of 20,066,269 equity shares by promoters and...
LIC's IPO was subscribed 2.95 times on the last day of the offer period on Monday, helping the government mobilize about Rs 21,000 crore.
Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm.
On April 20, Inox Wind announced that its arm Inox Green Energy has decided to withdraw its proposed Rs 740 crore initial share sale offer.
With the public offer which closes later in the day, the government aims to generate about Rs 21,000 crore by diluting a 3.5 per cent stake in the insurance...
The stock is listed at Rs 355, registering a premium of 21.57 per cent, against the issue price on the BSE. It further zoomed 26 per cent to Rs 368.
Against 16,20,78,067 shares on offer, 29,08,27,860 bids were received, according to the data posted on stock exchanges at 7 pm.
The three-day initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company.
Portions set aside for Non Institutional Investors and Qualified Institutional Buyers (QIBs) also got subscribed 26 per cent and 33 per cent each...
Of the total, the policyholder portion was subscribed fully while the reserved employees' portion was subscribed 0.49 times, as per the data on stock...
The government is selling 22,13,74,920 shares in Life Insurance Corporation (LIC) at a price band of Rs 902-949 a share, targeting to raise about Rs 21,000...
The government is raising Rs 20,557 crore by diluting 3.5 per cent of its stake entirely through an offer for sale route, and will still be the biggest initial...
