Tuesday, March 11, 2025 | 11:13 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

CMS Info Systems subscribed 52%, Asianet files for Rs 765-crore IPO

The stocks of branded footwear retailer Metro Brands made a weak debut on the bourses on Wednesday

ipo
Premium

Sundar Sethuraman
The initial public offering of CMS Info Systems was subscribed 52 per cent on Wednesday — the penultimate day of the issue. The institutional portion remained unsubscribed. The portion reserved for wealthy investors was subscribed by 4 per cent; the retail portion by 1.02x. On Monday, the company raised Rs 330 crore from anchor investors. Goldman Sachs, Nomura, and BNP Paribas were among the investors who participated in the anchor allotment. 

Not a shoo-in for Metro on D-Street 

The stocks of branded footwear retailer Metro Brands made a weak debut on the bourses on Wednesday. The stock got listed at Rs 436

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in