Mundra Port IPO subscribed 51 times

The initial public offering (IPO) of the Adani- promoted Mundra Port and Special Economic Zone (SEZ)  was subscribed 51.07 times, according to data on the website of the National Stock Exchange.

The qualified institutional buyers (QIB) portion has been subscribed 33.3 times, and the retail portion has been subscribed 2.8 times.

The issue is priced in a band of Rs 400-440 per share.

DSP Merrill Lynch,JM Financial Consultants, and SSKI Corporate Finance are the global co-ordinators and book running lead managers to the issue.