Stay updated with breaking news from Space Solutions Ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Awfis Space Solutions IPO: The portion for non-institutional investors fetched 129.27 times subscription while the category for Qualified Institutional Buyers (QIBs) got subscribed 116.95 times.
Awfis Space Solutions IPO oversubscribed 108.17 times, attracting bids for 93,34,36,374 shares against 86,29,670 shares on offer.
The initial public offer of co-working space operator Awfis Space Solutions got subscribed a whopping 108.17 times on the closing day of subscription on Monday, amid heavy participation from institutional investors. The Rs 599 crore initial share sale received bids for 93,34,36,374 shares against 86,29,670 shares on offer, according to data available with the NSE.
The category for Retail Individual Investors (RIIs) fetched 6.02 times subscription, while the quota for non-institutional investors got subscribed 2.76 times.
ICICI Securities, Axis Capital, IIFL Securities and Emkay Global Financial Services are the book running managers to the issue.