 "initial public offerings")
The Rs 1,500-crore initial public offering (IPO) of Paradeep Phosphates managed to scrape through despite challenging market conditions.
The issue, which closed on Thursday, managed to garner 1.75 times subscription.
The retail investor portion of the issue was subscribed 1.37 times, high-networth individual (HNI) portion was covered 82 per cent and institutional investor category saw three times subscription.
