Carraro India Ltd News
Carraro India IPO listing today: Shares list at 7% discount on bourses
Though the grey market trends anticipated a muted start, Carraro India IPO listing fell short of grey market expectations
 "Carraro India IPO listing today: Shares list at 7% discount on bourses")
Carraro India's IPO sees 22% subscription on second day of bidding
The initial public offering (IPO) of Carraro India Ltd was subscribed 22 per cent on the second day of share sale on Monday. The initial share sale received bids for 28,77,105 shares against 1,30,98,803 shares on offer, according to data available with the NSE. The category for retail individual investors (RIIs) got subscribed 35 per cent while the quota for non-institutional investors received 20 per cent subscription. Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors. The issue, with a price band of Rs 668-704 per share, will conclude on December 24. Carraro India's IPO is completely an offer for sale (OFS) of shares worth Rs 1,250 crore by Carraro International SE, with no fresh issue component, according to the red herring prospectus. Since the entire issue is an OFS, all proceeds from the IPO will go directly to the selling shareholder, rather than the company. Founded in 1997, Carraro India, a subsidiary of Carraro S.p.A, began its ...
 "Carraro India's IPO sees 22% subscription on second day of bidding")
Carraro India's IPO worth Rs 1,250 cr subscribed 9% on day one of listing
Carraro India's initial public offer got subscribed 9 per cent on the first day of share sale on Friday. The initial share sale of the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, received bids for 11,24,277 shares against 1,30,98,803 shares on offer, as per NSE data. Retail Individual Investors (RIIs) portion mopped up 15 per cent subscription while the category for non-institutional investors received 6 per cent subscription. Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors. The issue, with a price band of Rs 668-704 per share, will conclude on December 24. Carraro India's IPO is completely an offer for sale (OFS) of shares worth Rs 1,250 crore by Carraro International SE, with no fresh issue component, according to the red herring prospectus. Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than the ...
 "Carraro India's IPO worth Rs 1,250 cr subscribed 9% on day one of listing")
