The non-institutional investors (NIIs) subscribed to the issue 8.23 times while the quota reserved for qualified institutional buyers (QIBs) was booked at just 3%. In all, 2.5 lakh share bids were received from QIBs around this time against 58,98,528 shares available for booking.
Amid booming IPO market, caution is in the air for investors as majority of the companies that were listed in 2024 failed to retain their
Mumbai-based realty developer Sri Lotus Developers and Realty has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, the Securities and Exchange Board
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