IREDA IPO Day 2: Latest Subscription Status, GMP Today - News18
[ad_1]
IREDA IPO is available for public subscription between November 21 and November 23. IREDA IPO: The Rs 2,150-crore IPO receives bids for 2,14,52,83,140 shares against 47,09,21,451 shares on offer on the second day of bidding on Wednesday IREDA IPO Day 2: The initial public offering (IPO) of the state-owned Indian Renewable Energy Development Agency (IREDA), which was opened for public subscription on Tuesday, has been subscribed a decent 4.56 times on the second day of subscription on Wednesday. Till the end of the Wednesday bidding, the Rs 2,150-crore IPO received bids for 2,14,52,83,140 shares against 47,09,21,451 shares on offer. The category meant for non-institutional investors received 7.74 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 4.25 times. The portion for Qualified Institutional Buyers (QIBs) was subscribed 2.69 times. The IPO has a fresh issue of up to 40,31,64,706 equity shares and an offer for sale of up to 26,87,76...