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The initial public offering of Shalby has been oversubscribed 2.81 times on the last day of the bidding on Thursday.
The IPO, which aims to raise ₹504 crore, received bids for 4.08 crore shares against the total issue size of 1.45 crore, data available with NSE showed.
The IPO comprises a fresh issue of shares aggregating up to ₹480 crore and an offer-for-sale of up to 10 lakh equities. The price band has been fixed at ₹245-248. At the upper end, the public issue would fetch ₹504 crore.
Meanwhile, the ₹650-crore IPO of Future Supply Chain Solutions was subscribed 72 per cent at the end of the second day of bidding.
The issue has received bids for over 49.62 lakh shares against the issue size of about 68.50 lakh shares.
Future Supply’s IPO opened for public subscription on Wednesday at a price band of ₹660-664 a share.
The issue, which ends on Friday, comprises sale of 97.845 lakh shares, amounting to 24.43 per cent stake, by Future Enterprises and private equity investor Griffin Partners.
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