PSP Projects IPO oversubscribed 8.58 times

span.p-content div[id^=div-gpt] { line-height: 0px; font-size: 0px;}

The initial public offering of construction firm PSP Projects was oversubscribed 8.58 times on the last day of bidding on Friday.

The IPO to raise Rs 211 crore received bids for 4,75,43,370 shares against the total issue size of 55,44,000 shares, data available with the NSE till 1900 hours showed.

The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 8.38 times, non institutional investors 10.39 times and retail 6.47 times, sources said.
document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1490771277198-0'); });
var banHeight = $(".article-middle-banner iframe").height(); if(banHeight
It takes only 5 seconds to share, If you care plz plz share, It help us to grow.

Advertisement

 

Top News