 "initial public offerings")
Data Patterns' initial public offering (IPO) garnered 120 times subscription and generated bids worth nearly Rs 50,000 crore.
The qualified institutional buyer (QIB) portion was subscribed 186 times, the high net worth individual (HNI) portion by 260 times, and the retail portion by 23.6 times.
The company had priced its IPO between Rs 555 to 585 per share. The
Rs 588 crore IP0 comprised of a fresh issue worth Rs 240 crore and an offer for sale (OFS) worth Rs 348 crore.
Ahead of its IPO, the company raised Rs 176 crore from anchor investors.
HDFC MF, ICICI Pru MF, Axis MF,
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