Issue Oversubscribed 1.94X Till Now

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SUMMARY

The issue received bidding for 7.06 Cr shares against a total offer of 3.64 Cr shares

Interest from QIBs surged during the third day of bidding, with their quota oversubscribing 2.25X

With the oversubscription, Wakefit’s IPO will close today subsequent to which its shares will get listed on the bourses on December 15 (Monday)

D2C mattress and furniture company Wakefit’s IPO picked up pace during the third day of bidding, with the issue oversubscribing 1.94X at 14:39 IST. The issue received bidding for 7.06 Cr…



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Issue Oversubscribed 1.94X Till Now


SUMMARY

The issue received bidding for 7.06 Cr shares against a total offer of 3.64 Cr shares

Interest from QIBs surged during the third day of bidding, with their quota oversubscribing 2.25X

With the oversubscription, Wakefit’s IPO will close today subsequent to which its shares will get listed on the bourses on December 15 (Monday)

D2C mattress and furniture company Wakefit’s IPO picked up pace during the third day of bidding, with the issue oversubscribing 1.94X at 14:39 IST. The issue received bidding for 7.06 Cr…



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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