
SME IPO: Crayons Advertising issue oversubscribed 148 times, to list on June 2
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The homegrown integrated advertising agency aims to raise ₹41.80 crore at the upper end of the IPO price band of ₹62 to ₹65.
The O.P. Jindal Group company intends to use IPO proceeds to retire its debt as well as to fund its capacity expansion projects.
The Delhi-based healthcare company raised ₹4,326 crore in the country’s biggest IPO so far this year, which was subscribed 15.32 times on the back of strong response from QIBs.
SEBI introduced confidential pre-filing of IPO documents in November last year to safeguard sensitive business information of the issuer.
The price band for Nexus Select Trust REIT, which will be available for subscription till May 11, is expected to be announced this week.
The portion reserved for QIBs was subscribed over 49 times, while quota for NIIs and retail investors were booked 3.8% times and 0.9 times, respectively.
The pharma company has raised ₹1,297.90 crore by allotting 1.2 crore equity shares at upper end of price band at ₹1,080 per share to 77 anchor investors.
The IPO of the pharma company will open for subscription on April 25 and close on April 27.
The ₹865 crore IPO of the electronics manufacturing services company was subscribed 2.32 times on the back of a strong response from qualified institutional investors.