Overview
- The three-day offer drew bids for 3,61,51,72,000 shares against 36,58,000 on offer, equating to 988.29 times subscription based on NSE data.
- Investor demand was broad-based with NIIs at 1,612.65 times, retail at 1,137.92 times, and QIBs at 256.24 times.
- The book-built issue totals Rs 38.49 crore through a fresh sale of 55 lakh shares priced in the Rs 65–70 band.
- The registrar plans to finalise allotments on December 26, with demat credits and refunds scheduled for December 29.
- Grey market premium stands at about Rs 70, implying a potential listing near Rs 140 on December 30, though GMP figures are unofficial.