Overview

• The Rs 2,000 crore offer-for-sale IPO, priced at Rs 1,045–1,100 per share, ends subscription today as final bids are tallied.
• Qualified institutional bidders covered 6.01 times their quota, while non-institutional and retail investors subscribed 1.41 times and 0.56 times, respectively.
• The employee reservation saw applications at 1.46 times, underscoring solid uptake from eligible staff.
• Prior to the public offer, 33 anchor investors took up 54.43 lakh shares at Rs 1,100 apiece, raising Rs 599 crore for the Kapur Family Trust.
• Share allotment is due on July 10 ahead of the dual listing on both the BSE and NSE on July 14.