32% subscription on the first day of the initial public issue of sunsera engineering
As per the data available with the National Stock Exchange, bids were received for 64,18,880 shares while the offer was for 1,21,09,166 shares.
The eligible institutional buyers category received 29 per cent subscriptions while the non-institutional investors category saw 7 per cent subscriptions. The retail investors category has got 87 per cent subscription.
The price range for the IPO is Rs 734-744 per share.
The Bangalore-based company on Monday raised Rs 382 crore from large anchor investors.
#subscription #day #initial #public #issue #sunsera #engineering