Despite market in red Ceigall India IPO ...
Despite market in red Ceigall India IPO sees 13.75 times subscription
The Initial Public Offering of Ceigall India Limited was subscribed 13.75 times on the final day of bidding despite market in red.
The issue received bids of 30,67,00,770 shares against the offered 2,23,13,663 equity shares, at a price band of ₹380-401, according to the data available on the stock exchanges.
Qualified Institutional Buyer Portion was subscribed 31.50 times. Non-Institutional Investors Portion and Retail Portion were subscribed 14.39 times and 3.71 times respectively, whereas, Employee Portion was subscribed with 11.16 times.
ICICI Securities Limited, IIFL Securities Limited, and JM Financial Limited are the book running lead managers and Link Intime India Private Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE
BSE + NSE Cumulative Demand Live Link
https://www.bseindia.com/
The table below shows subscription data for all the categories of investors:
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