Stock of India Pesticides closes listing day with 16% gain over IPO

The Rs 800-crore IPO, which was sold from June 23 to 25, was subscribed 29.04 times. The quota reserved for qualified institutional buyers (QIBs) was subscribed 42.95 times while the shares reserved for non-institutional investors (NIIs) were subscribed 51.88 times. The retail quota saw 11.3 times subscription.

via Economictimes

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