The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.26 times, while the retail investor portion saw a subscription of 0.38 times. The employee reserved portion, offered at a discount of Rs 186 per share, was oversubscribed at 1.31 times (130%). Meanwhile, the qualified institutional buyer (QIB) portion was subscribed 0.58 times.
Ircon International shares jump nearly 4% on inking MoU with Patel Engineering for infra projects
Shares of Ircon International surged by 3.6% following an MoU with Patel Engineering Limited to explore joint infrastructure projects. Retail investors boosted their stake while