Issue Oversubscribed 13X On Day 3 So Far

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SUMMARY

The portion reserved for QIBs was oversubscribed 24.4X, with them placing bids for 7.08 Cr shares against 29 Lakh shares on offer

Close behind QIBs were NIIs, with an oversubscription of 22.24X. Retail investors’ portion was subscribed 3X

The bidding for Smartworks IPO will close today and the company’s shares are expected to list on the stock exchanges on July 17

Coworking company Smartworks’ public issue witnessed bumper response from qualified institutional…



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Issue Oversubscribed 13X On Day 3 So Far


SUMMARY

The portion reserved for QIBs was oversubscribed 24.4X, with them placing bids for 7.08 Cr shares against 29 Lakh shares on offer

Close behind QIBs were NIIs, with an oversubscription of 22.24X. Retail investors’ portion was subscribed 3X

The bidding for Smartworks IPO will close today and the company’s shares are expected to list on the stock exchanges on July 17

Coworking company Smartworks’ public issue witnessed bumper response from qualified institutional…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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