Divgi Torqtransfer Systems’ IPO subscribed 5.44 times

March 4, 2023

The portion reserved for retail investors was subscribed 4.31 times, while the category for non-institutional investors (NIIs), including high-net-worth individuals, was subscribed 1.4 times. The qualified institutional buyers’ segment saw bidding for 7.83 times the shares set aside to them.

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