Senior management of the company confirmed the development, but the spokesperson declined to comment
The Rs 410-crore initial share sale received bids for 69,94,46,440 shares against 2,37,75,719 shares on offer, according to NSE data
The company may consider raising up to Rs 200 crore in a pre-IPO placement. If such placement is completed, the fresh issue size will be reduced
As part of the OFS, promoter Chitra Pandyan will offload the shares of the IPO-bound company
Company's issue had garnered bids over Rs 10,000 cr; participants approached Sebi alleging irregularities
The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription
The quota for non-institutional investors received 21.71 times subscription while the Retail Individual Investors (RIIs) part got subscribed 10.82 times
Quadrant Future Tek IPO is an entirely fresh issue of shares with a face value of Rs 10 per equity share, aggregating up to Rs 275 crore
Arkade Developers IPO has received bids for a whopping 25,68,35,810 shares, against 2,37,75,719 shares offered, resulting in an oversubscription of 10.80 times so far
Gaur said the company has set a target to expand its business of development of housing projects across the Delhi-NCR market
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The grey market premium of Northern Arc Capital continues to move northward as the company's shares are quoted commanding a GMP of 68 percent from the upper end of the issue price
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BHF's strong debut follows strong demand for its shares during its Rs 6,560 crore IPO, which saw 67 times more demand than shares on offer and garnered record Rs 3.2 trillion worth of bids
The Kolkata-based company's initial public offering (IPO) is available for subscription in the price range of Rs 163-172 per share
Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors
The company may raise up to Rs 10 crore through the pre-IPO round. If such placement is completed, the fresh issue size will be reduced
Northern Arc Capital IPO is available at a price band of Rs 249-263, with a lot size of 57 shares. Thus, investors can bid for a minimum of 57 shares and in multiples thereof
Unlisted shares of Arkade Developers were trading at a premium of Rs 80, which translates to a GMP of 62.5 per cent against the upper end of the IPO price of Rs 128
Details of the offering such as size and timing are still under discussion and subject to change, they said