Overview

• The three-day IPO raised ₹759.6 crore entirely through fresh equity at a price band of ₹85–90 per share.
• On the final day, investors placed bids for 22.95 crore shares against 5.12 crore on offer, resulting in a 4.48× overall subscription.
• Retail investors led demand with a 6.40× subscription, while qualified institutional buyers subscribed 5.42× and non-institutional investors 1.92×.
• Proceeds will cover ₹468.14 crore of debt repayment, ₹107.52 crore for land acquisition from the promoter and funding for strategic initiatives.
• Share allotment and refunds are scheduled for July 29, ahead of listings on the BSE and NSE on July 31.