Shares of Sansera Engineering will be listed at the bourses on Friday. After a successful IPO, the company has set the issue price at ₹744, the upper end of the price band ₹734-₹744.
The initial public offering of auto component maker Sansera Engineering was subscribed 11.47 times. The ₹1,283-crore IPO received bids for 13.88 crore shares against 1.21 crore shares on offer, translating as per data available with the stock exchanges.
Also see: Sansera Engg IPO subscribed 11.47 times
The QIBs category was subscribed 26.47 times, non-institutional investors 11.37 times and retail individual investors 3.15 times. The employee portion was subscribed by 1.37 times.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.