D-Mart offer subscribed 5.8 times
Pavan Burugula/ 09 Mar 17 | 11:36 PM
The Rs 1,870-crore Initial Public Offering of equity (IPO) in Avenue Supermarts, owner of the D-Mart retail chain, was subscribed 5.8 times on Thursday, a day before close.
The 44 million-share offering has got bids for 253 mn shares.
Related Stories
-
No Related Stories Found
While the retail (meaning, non-wealthy individual) and high net worth individual (HNI) portions have been subscribed four times and five times, respectively, the institutional quota was subscribed a little more than nine times.
The offering is a completely fresh issue and a price band of Rs 295 to Rs 299 a share has been fixed.
Read Other Stories
advertisements
 |
 |
Most Popular
Sensex
| Company | Price | Gain (%) |
|---|---|---|
| Dr Reddy's Labs | 2,486.45 | 7.47 |
| Cipla | 591.45 | 4.04 |
| Lupin | 1,032.45 | 3.02 |
| Sun Pharma.Inds. | 519.55 | 2.59 |
| H D F C | 1,790.85 | 1.37 |
Latest Advice
Online Portfolio
You can create Online Portfolio here using the below button.
For existing users