JSW Infra IPO subscribed 2.13 times on Day 2
New Delhi: The initial share sale of JSW Infrastructure, a part of the JSW Group, received 2.13 times subscription on the second day of offer on Tuesday. The Initial Public Offer (IPO) received bids for 29,02,18,698 shares against 13,62,83,186 shares on offer, as per data available with the NSE. The quota for Retail Individual Investors (RIIs) received 4.52 times subscription while the portion for non-institutional investors got subscribed 3.70 times. The category for Qualified Institutional Buyers (QIBs) was subscribed 55 per cent.
Kontor Space IPO kicks off today
New Delhi: Kontor Space Ltd said it has set the price band for its `15.62 crore initial share sale at `93 apiece, which will open for public subscription on Wednesday. The issue will conclude on October 3, and the shares will be listed on SME EMERGE platform of the National Stock Exchange (NSE), the company said in a statement on Monday. The Initial Public Offering (IPO) consists of a fresh issuance of up to 16.80 lakh equity shares at a face value of `10 each.