The initial public offer (IPO) of Apollo Micro Systems, which caters primarily to the defence and aerospace sectors, was subscribed a staggering 248.37 times on the last day of bidding today.
Apollo Micro Systems on Tuesday raised nearly Rs 47 crore from anchor investors.
Price band for the offer has been fixed at Rs 270-275.
Aryaman Financial Services Limited is the book running lead manager to the offer.
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