PNB Housing Finance IPO subscribed 30 times
Exchange data show that the company received bids for 82,96,17, 824 shares against the 2,80,77,500 equity shares on offer.
PNB Housing Finance IPO saw 29.55 times bids for its initial public offer (IPO). Photo: Zeebiz WebDesk
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We were cautious while disbursing loans: Sanjaya Gupta, PNB Housing FinancePNB Housing Finance IPO saw 29.55 times bids for its initial public offer (IPO).
Exchange data show that the company received bids for 82,96,17, 824 shares against the 2,80,77,500 equity shares on offer.
Qualified institutional buyers oversubscribed the issue by 37.33 times with 29,68,68,008 shares bid for 79,52,500 shares on offer.
Non-institutional investors subscribed 86.17 times while retail investors oversubscribed the issue by 1.35 times.
Exchange data show that the company received bids for 82,96,17, 824 shares against the 2,80,77,500 equity shares on offer.
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