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Business News » Companies News

Laurus Labs IPO fully subscribed

On NSE, at 1.55 pm, the IPO's qualified institutional buyers (QIB) segment was subscribed by 1.28 times with over 79 lakh of bid received for 61.74 lakh shares issued. 

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 Laurus Labs IPO fully subscribed
The company planned to raise Rs 300 crore from its initial public offering (IPO). Photo: Official Website

Laurus Labs IPO has already received bids of over 2.87 crore of equity shares against the 2.19 crore shares offered. 

On NSE, at 1.55 pm, the IPO's qualified institutional buyers (QIB) segment was subscribed by 1.28 times with over 79 lakh of bid received for 61.74 lakh shares issued. 

The company planned to raise Rs 300 crore from its initial public offering (IPO).
 

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TAGS:
Laurus Lab IPOLaurus LabsInitial Public Offer (IPO)MarketsNSESharesInvestmentQualified Institutional Buyers (QIB)
Written By: ZeeBiz WebTeam
Updated: Thu, Dec 08, 2016
01:54 pm
Mumbai, ZeeBiz WebDesk

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