Sheela Foam IPO oversubscribed nearly 4 times
On NSE, the qualified institutional buyers (QIB) quota got subscribed by 7.74 times with bids of 1,16,04,020 shares versus 15,00,001 shares issued. No domestic financial institution has opted for this IPO throughout its issue.
The IPO received cumulative bids of over 2,05,79,400 shares against the 52,50,001 equity shares offered. Photo: Official Website