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Uniparts India IPO receives 25.32 times subscription on last day of offer

The IPO received bids for 25,66,29,175 shares against 1,01,37,360 shares on offer, according to NSE data

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The IPO of up to 1,44,81,942 equity shares had a price range of Rs 548-577 a share.

Press Trust of India New Delhi
The Initial Public Offer (IPO) of engineering systems and solutions provider Uniparts India was subscribed 25.32 times on the last day of subscription on Friday.
 
The IPO received bids for 25,66,29,175 shares against 1,01,37,360 shares on offer, according to NSE data.
 
The category meant for Qualified Institutional Buyers (QIBs) was subscribed 67.14 times, while the quota for non-institutional investors got 17.86 times subscription and the portion for Retail Individual Investors (RIIs) 4.61 times.
 
The IPO of up to 1,44,81,942 equity shares had a price range of Rs 548-577 a share.
 
On Tuesday, Uniparts India said it has raised Rs 251

Disclaimer: No Business Standard Journalist was involved in creation of this content

Topics : IPOs

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