You are here: Home » PTI Stories » National » News
Business Standard

Capacit'e Infra IPO a big draw, subscribed 182 times

Press Trust of India  |  New Delhi 

The initial share sale offering of construction firm Capacit'e Infraprojects was oversubscribed 182.12 times so far on the last day of bidding today.

Capacit'e Infraprojects' Rs 400 crore initial public offer (IPO) received bids for 2,08,13,85,960 against the total issue size of 1,14,28,572 shares, data available with the till 1700 hrs showed.

Till yesterday, the IPO was oversubscribed 4.62 times.

Capacit'e Infraprojects on Tuesday raised Rs 120 crore from anchor investors.

The price band has been fixed at Rs 245-250 apiece.

Proceeds of the issue will be utilised for funding working capital requirements, purchase of capital assets and general corporate purposes.

Axis Capital, IIFL Holdings and Vivro Financial Services are the book running lead managers to the issue.

The equity are proposed to be listed on the and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 15 2017. 17:32 IST