As PhysicsWallah IPO opens for subscription today, here are the key details that every investor should be aware of before subscribing to the public issue
The IPOs of engineering and construction company Transrail Lighting and investment banking firm DAM Capital Advisors were subscribed over 80 times each
The Qualified Institutional Buyers (QIBs) category mopped-up 75.62 times subscription, while the quota for non-institutional investors got subscribed 42.21 times
The initial share sale got bids for 17,777,512 shares against 13,916,742 shares on offer, translating into 1.28 times subscription, according to NSE data till 14:30 hours
Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd
The portion for Retail Individual Investors (RIIs) fetched 1.33 times subscription while the category for non-institutional investors got subscribed 15 per cent
The company is aiming to garner Rs 11,327 crore from the IPO, which has a fresh issue of shares worth Rs 4,499 crore, along with an offer for sale (OFS) of Rs 6,828 crore
The portion meant for retail individual investors (RIIs) received 96 per cent subscription, while the quota for non-institutional investors got subscribed 26 per cent