Devayani International’s initial public offering (IPO) has been subscribed 116.71 times on the last day of Friday. Devayani is the largest franchise in India’s Pizza Hut, KFC and Costa Coffee. The bid was received for 13,13,77,91,700 shares of the company’s Rs 1,833 crore IPO. The size of the IPO is 11,25,69,719 shares.
The qualified corporate buyer segment is subscribed 95.27 times, non-institutional investors 213.06 times and retail investors 39.51 times. 440 crore worth of fresh shares issued under the IPO. Also, the sale of 15,53,33,330 equity shares has been brought.
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The Windlass Biotech IPO has subscribed 22.46 times in the last day
Windlass Biotech’s initial public offering (IPO) has been subscribed 22.46 times until Friday’s issue. Windlass Biotech is a pharmaceutical formulation company. According to the NSE data, bids were received for 1377,39,750 shares for a three-day IPO. The volume of the issue was 61,36,252 shares.
The Qualified Corporate Buyers (QIB) segment is subscribed 24.40 times, non-institutional investors 15.73 times and retail investors 24.27 times. Under the IPO, fresh shares worth Rs 165 crore have been issued and 51,42,067 equity shares have been issued for sale. Rs. The price range for the IPO of Rs 401.53 crore is set at Rs 448-460 per share.
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