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The initial public offering (IPO) of Delaplex was subscribed 11.01 times so far on Monday, the second day of the issue. The issue received over 2.64 crore share bids around 2 pm against 24 lakh equity shares available for subscription
Delaplex IPO subscription details: Retail investors can subscribe for a minimum of 1 lot or 600 shares and in multiples of 600 shares thereafter. The maximum subscription amount is Rs 2 lakh. The net proceeds from the IPO will be used for general corporate expenditures, inorganic acquisitions, APAC - Advertisement, Sales and Marketing expenses, and funding working capital requirements.
The initial public offering (IPO) of DelaPlex was subscribed at 0.69 by 1 pm on Thursday, the opening day. The issue received 16.65 lakh share bids against 24 lakh equity shares available for subscription.
The price band for the offer has been fixed at Rs 186-Rs 192 per share.
Tie nagpur (tie) and symbiosis institute of technology (sit), nagpur and symbiosis centre for entrepreneurship and innovation, pune signed a memorandum of understanding (mou) signifying a strategic partnership to boost innovation and entrepreneurship. on the occasion, the agreement was signed by nitin sachdeva, president of tie nagpur and managing director - delaplex, dr nitin rakesh, director of symbiosis institute of technology, nagpur and prof yogesh brahmankar, ceo of symbiosis technology business incub