Mahanagar Gas gets oversubscribed by 1.08 times on 1st day
In the data, Qualified institutional buyers (QIB) recorded bid of around 89,07,395 which 1.82 times from 48,98,900 shares offered. The Non-institutional investors managed to withdraw around 23% of the reserved shares.
Mahanagar Gas Ltd on its first day of IPO subscription received positive response from the investors. Photo : IANS