At the NSE Nifty, the shares of Electronics Mart India made a debut at Rs 90 apiece or at a premium of over 52% as compared to its IPO issue price of Rs 59 per share.
The quota reserved for qualified institutional buyers (QIBs) was subscribed 16.50 times while that of retail individual investors (RIIs) attracted 10.31 times bids, NSE data on consolidated bids showed.
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The IPO, which is being sold in Rs 56-59 range, received bids for 19,41,23,818 shares against the issue size of 6,25,00,000 shares, with the quota reserved for retail individual investors (RIIs) getting 4.07 times subscription.