 "Tarsons Products")
The Rs 1,024 crore initial public offering (IPO) of Tarsons Products' was subscribed 77.5 times on Wednesday, the concluding day of the issue. The institutional portion was subscribed 115 times, the wealthy investor portion by 184 times, the retail portion by 10.5 times and the portion reserved for employees by 1.8 times.
The company had priced the issue between Rs 635-662 per share. The IPO was comprised of a Rs 150 crore fresh issue and Rs 874 crore offer for sale (OFS).
At the top end, the company will have a market cap of Rs 3,522 crore. Tarson’s earnings share
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