Utkarsh SFB IPO subscribed 102% times on final day; retail quota booked 71 times
The quota reserved for QIBs was booked nearly 125 times, while the non-institutional investors (NIIs) category was subscribed 81.6 times.
The quota reserved for QIBs was booked nearly 125 times, while the non-institutional investors (NIIs) category was subscribed 81.6 times.
The share price of Senco Gold opened at ₹431 apiece on the BSE and ₹430 on the NSE, a premium of 36% against the IPO price of ₹317.
This week, four IPOs will open for subscription, while six companies will make their debut on stock exchanges.
The jewellery retailer received bids for over 69 crore shares as compared to 94.18 lakh shares on the offer.
"Calcutta Karigari is what we want to take forward," says Suvankar Sen.
The jewellery retailer’s IPO comprises fresh issue of equity shares worth ₹270 crore and an offer for sale of shares worth ₹135 crore by an existing shareholder.
INOX Green Energy, Ixigo, Uniparts, Medanta Hospital, Navi Technologies, Senco Gold, and Signature Global are likely to raise around ₹10,215 cr collectively via IPO route.