Business

Indigo Paints’ IPO subscribed 117 times

The IPO of Indigo Paints Ltd., that closed on Friday, has been subscribed 117.02 times as per data collated from stock exchanges. The ₹1,170 crore IPO received bids of 64,57,90,130 shares against the offer of 55,18,402 shares. The portion reserved for retail investors was subscribed 15.93 times. Qualified Institutional Buyer and Non-Institutional Investor category was subscribed 189.57 times and 263.05 times respectively. The portion reserved for eligible employees was subscribed 2.50 times on the final day of issue closure.

This article is closed for comments.
Please Email the Editor

Printable version | Apr 18, 2021 5:34:45 PM | https://www.thehindu.com/business/indigo-paints-ipo-subscribed-117-times/article33637350.ece

Next Story