Overview

• Final-day subscription reached 65.10 times with bids for 43.76 crore shares against 67.21 lakh on offer, according to NSE data.
• Non-institutional investors bid 146.39 times, retail was 47.10 times, and qualified institutions 35.66 times.
• The offer comprises a fresh issue of about 86 lakh shares and an offer-for-sale of roughly 9.6–10 lakh by promoters Anil Kumar Jain, Abhinav Jain and Sandhya Jain.
• Share allotment is scheduled for September 30, with a tentative listing on BSE and NSE on October 3; GYR Capital Advisors is the lead manager and Bigshare Services is the registrar.
• The grey market premium was reported near Rs 20 on September 30, implying an estimated Rs 141 listing price, though such indications are unofficial and can change.