Issue Subscribed 11X On Day 2

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SUMMARY

Retail investors showed the highest interest, placing bids for 25.32 Cr shares against 76.91 Lakh shares reserved for them

The non-institutional investors’ portion was oversubscribed 16.82X, getting bids for 19.40 Cr shares against 1.15 Cr shares on offer

Aequs’ IPO comprises a fresh issue of shares worth up to INR 670 Cr and an OFS component of up to 2.03 Cr shares

Updated | December 04, 18:35 IST

Aequs’ IPO closed the second day of bidding with an…



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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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Issue Subscribed 11X On Day 2


SUMMARY

Retail investors showed the highest interest, placing bids for 25.32 Cr shares against 76.91 Lakh shares reserved for them

The non-institutional investors’ portion was oversubscribed 16.82X, getting bids for 19.40 Cr shares against 1.15 Cr shares on offer

Aequs’ IPO comprises a fresh issue of shares worth up to INR 670 Cr and an OFS component of up to 2.03 Cr shares

Updated | December 04, 18:35 IST

Aequs’ IPO closed the second day of bidding with an…



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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