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Indifra IPO Day 1: Issue sees muted response, subscribed just 33% till now - Vimarsana News

Indifra IPO Day 1: Issue sees muted response, subscribed just 33% till now

The initial public offering (IPO) of Indifra received a muted response from investors on the first day of bidding. The issue was subscribed just 35 percent at 2:30 pm on Day 1, December 21, 2023. It has received bids for 7.1 lakh shares against 20.52 lakh shares on offer.

Indifra IPO opens tomorrow: Check price, GMP, lot size and other details - Vimarsana News

Indifra IPO opens tomorrow: Check price, GMP, lot size and other details

Indifra plans to raise ₹14.04 crore via the issue, which is entirely a fresh issue of 21.6 lakh shares by promoters of the company. The price for the IPO has been set at ₹65 per share.