You are here: Home » Markets » IPOs » News
Business Standard

NBCC IPO subscribed five times

BS Reporter  |  Mumbai 

The initial public offering (IPO) of state-owned (NBCC) received a final subscription of 4.93 times. The qualified institutional buyers (QIB) category received 7.07 times subscription, the wealthy investor category got about 1.7 times subscription, while the retail portion got subscribed 3.4 times. The oversubscription could see the company pricing the issue at Rs 106, the top end of the price band. NBCC is looking to raise a about Rs 125 crore from the offering.

First Published: Wed, March 28 2012. 00:23 IST
RECOMMENDED FOR YOU