By PTI Aug 1, 2019 7:23:06 AM IST (Updated)
The initial public offer of mobile marketing company Affle India was a huge hit amongst investors as it was subscribed 86.49 times on the final day of bidding on Wednesday.
The initial public offer of mobile marketing company Affle India was a huge hit amongst investors as it was subscribed 86.49 times on the final day of bidding on Wednesday.
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The Rs 459-crore initial public offer (IPO) received bids for 29,21,57,880 shares against the total issue size of 33,78,021 shares, as per data available with the NSE till 2045 hours.
The category reserved for qualified institutional buyers (QIBs) was subscribed 55.31 times, that for non institutional investors 198.69 and for retail individual investors 10.94 times, according to merchant banking sources.