While the two private banks may subscribe about Rs 2,500 crore each, demand from other institutional investors will determine the final subscription size, the people said.
Blackstone-backed International Gemological Institute IPO to open on Dec 13, aiming to raise Rs 4,225 crore
The offer includes a fresh issue of Rs 1,475 crore, along with an offer for sale (OFS) of Rs 2,750 crore. The company submitted its