Mumbai: The Initial Public Offering (IPO) of Hyderabad-based consumer durable retail chain,Electronics Mart,the 4th largest and one of the fastest growing consumer durables and electronics retailers in India, received bids of 47,29,37,840 shares against the offered 6,25,00,000 equity shares, at a price band of ?56-59, according to the data available on the stock exchanges. Overall the issue was subscribed 7.57 times on the second day of bidding.
The reserved portion of non-institutional in...
Electronics Mart IPO 7.57 times subscribed on day 2; NII portion oversubscribed 11.74 times
Mumbai : The Initial Public Offering (IPO) of Hyderabad-based consumer durable retail chain, Electronics Mart, the 4th largest and one of the fastest growing consumer durables and electronics retailers in India, received bids of 10,58,14,114 shares against the offered 6,25,00,000 equity shares, at a price band of ?56-59, according to the data available on the stock exchanges. Overall the issue was subscribed 1.69 times on the first day of bidding.
Retail Portion saw a strong demand an...
IPO Note: Electronics Mart IPO fully subscribed on day 1; receives total bids for 10.58 crore shares