 "IPO")
The initial public offering (IPO) of Digvi Torq Transfer Sytems has been subscribed 38 per cent on Thursday, the penultimate day of the issue. The institutional portion was subscribed by 6 per cent, the wealthy investors subscribed by 22 per cent and the retail portion by 1.5 times.
On Monday the company allotted 31.4 lakh shares worth Rs 185 crore to anchor investors. Divgi Torq Transfer Systems had priced its initial public offering (IPO) between Rs 560 to Rs 590 per share.
The IPO comprises a fresh issue of Rs 180 crore and an offer for the sale of up
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