Saraswati Saree Depot IPO subscribed whopping 107.39 times on last day ...Middle East

Business Standard - Economy

The initial public offer of Saraswati Saree Depot, a key player in the saree wholesale segment, got subscribed a whopping 107.39 times on the last day of subscription on Wednesday. The Rs 160-crore initial share sale received bids for 1,07,39,63,880 shares against 1,00,00,800 shares on offer, as per NSE data. The portion for non-institutional investors attracted 358.47 times subscriptions, while the quota for Qualified Institutional Buyers (QIBs) subscribed 64.12 times. The category for Retail Individual Investors (RIIs) garnered 61.59 times subscriptions. The initial public offering (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shar

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Last updated : 14 August 2024 clock 05:21 PM

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Saraswati Saree Depot IPO subscribed whopping 107.39 times on last day ...Middle East

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