IBL Finance IPO

Finance

IBL Finance IPO Attracts Investors with 6.02x Oversubscription

IBL Finance Limited’s Initial Public Offering (IPO), open for subscription until January 11, has garnered a positive response from investors. By 11:23 am on the second day of bidding, the SME IPO has been oversubscribed 6.02 times, receiving bids for 3,54,40,000 shares against the 58,90,000 shares on offer, reported media houses. Priced at Rs 51 per share, the IPO is…