subscription
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Money
Ola Electric IPO Fully Subscribed on Day Two, Attracts Strong Investor Interest
The initial public offering (IPO) of Ola Electric has garnered full subscription on the second day of its bidding process, following a 35% subscription on the first day. The issue received bids for 49,43,85,840 shares, amounting to 1.06 times the issue size of 46,51,59,451 shares. The retail individual investor (RII) quota was notably oversubscribed at 2.87 times, while the non-institutional…
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Finance
Gandhar Oil IPO Shatters Records: 64x Subscription Sparks Investor Frenzy
Exciting news in the financial arena! The Gandhar Oil’s IPO bidding closed on November 24 with an incredible response from investors. The three-day bidding process witnessed a remarkable 64 times subscription, reflecting the immense interest in the company’s public offering. Particularly noteworthy is the retail portion, which saw a subscription rate of 28.95 times. Non-institutional investors (NII) were equally enthusiastic,…
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Finance
Tata Technologies IPO Allotment Status Revealed: Check Your Shares Now
Tata Technologies, a subsidiary of Tata Motors, is set to finalize the basis of allotment for its IPO shares on November 28. The three-day stake sale, marking the first IPO from the Tata Group in two decades, garnered significant investor interest, with a subscription rate of 69.43 times the issue size of ₹2,200 crore. Qualified Institutional Bidders and Non-Institutional Investors…
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Business
Tata Technologies IPO: Unprecedented Success with 69.43 Times Subscription
In a remarkable testament to investor confidence, Tata Technologies’ initial public offering (IPO) has seen an astounding subscription of 69.43 times, reflecting widespread enthusiasm from the investment community, reported Live Mint. The total bids of ₹1.56 lakh crore have surpassed the issue size of ₹2,200 crore, excluding the anchor portion, Open for subscription from November 22 to November 24, 2023, the…
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Business
Tata Technologies IPO Subscription Dates Unveiled
In a momentous stride, Tata Group is poised to rekindle its presence in the primary market with the forthcoming Initial Public Offering (IPO) of Tata Technologies Ltd. This landmark event, scheduled to open its doors for public subscription from November 22 to November 24, 2023, marks Tata Group’s reentry into the IPO scene after the triumphant launch of Tata Consultancy…
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