 "ipo")
The initial public offering of CMS Info Systems was subscribed 52 per cent on Wednesday — the penultimate day of the issue. The institutional portion remained unsubscribed. The portion reserved for wealthy investors was subscribed by 4 per cent; the retail portion by 1.02x. On Monday, the company raised Rs 330 crore from anchor investors. Goldman Sachs, Nomura, and BNP Paribas were among the investors who participated in the anchor allotment.
Not a shoo-in for Metro on D-Street
The stocks of branded footwear retailer Metro Brands made a weak debut on the bourses on Wednesday. The stock got listed at Rs 436
