Read more about Indices turn range bound; breadth positive on Business Standard. At 11:23 IST, the barometer index, the S&P BSE Sensex, was up 318.84 points or 0.63% at 50,713.92. The Nifty 50 index gained 81.3 points or 0.54% at 15,010.
The offer received bids for 19.69 crore shares as against 3.25 crore shares on offer.
The initial public offer (IPO) of Laxmi Organic Industries received bids for 19.69 crore shares as against 3.25 crore shares on offer, according to the stock exchange data at 17:00 IST on Tuesday (16 March 2021). The issue was subscribed 6.05 times.
The issue opened for bidding on Monday, 15 March 2021, and it will close on Wednesday, 17 March 2021. The price band for the IPO is set at Rs 129-130 per share. An investor can bid for a minimum of 115 equity shares and in multiples thereof.
The offer comprises of equity shares aggregating up to Rs 600 crore, comprising a fresh issue of up to Rs 300 crore and an offer for sale of up to Rs 300 crore by the promoter Yellow Stone Trust.
Read more about Kalyan Jewellers IPO subscribed 60% on Business Standard. The issue received bids for 5.72 crore shares as against 9.57 crore shares on offer.
The issue received bids for 240.27 crore shares as against 1.50 crore shares on offer.The initial public offer (IPO) of Easy Trip Planners received bids for 240.27 crore shares as against 1.50 crore shares on offer, according to the stock exchange data. The issue was subscribed 159.33 times.
The non-institutional investors category was subscribed 382.21 times. The qualified institutional buyers (QIBs) category was subscribed 77.53 times. The retail individual investors category was subscribed 70.40 times.
The issue opened for bidding on Monday, 8 March 2021, and closed on Wednesday, 10 March 2021. The price band for the IPO was set at Rs 186-187 per share.
The IPO comprised an offer for sale (OFS) of equity shares aggregating up to Rs 510 crore (including anchor portion of 1,22,72,727 equity shares). The post-issue promoter s shareholding in the company will decline to 74.9% from 100%.