The offer is being made through the book building process, where about 50% of the issue is reserved for qualified institutional buyers, 15% for non-institutional investors and the rest 35% for retail investors.
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve
With regulatory approvals set to expire by the end of September, nearly twenty-four companies are racing against the clock to launch their initial public offerings.
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