The IPO received bids for 1,53,74,240 shares as against the total issue size of 1,44,40,001, translating into a subscription of 1.06 times till 1300 hours, latest data available with NSE showed.
Punjab-based GNA Axles' Rs 130 crore initial public offer (IPO) saw robust response from the market. It was subscribed 55 times.
Delhi-based HPL Electric and Power is selling 1.78 crore shares to the public through its initial public offer (IPO), which opened today and will close on Monday (September 26). The IPO, priced in a band of Rs 175-Rs 202, can garner Rs 361 crore for the company. Investors can subscribe the issue in multiples of 70 shares.
HPL Electric & Power on Wednesday mopped up Rs 108 crore from anchor investors by selling shares at Rs 202 apiece, a day before its initial public offer (IPO).
Generating robust demand from investors, ICICI Prudential Life Insurance's Rs 6,057-crore IPO - the first by an insurer in India - closed on Wednesday with over ten-times subscription for shares offered to public.
ICICI Prudential Life Insurance's IPO, the first by an insurer in India, was subscribed 16 per cent on the first day of the offer on Monday.
Endurance Technologies and Greensignal Bio Pharma have received approval from markets regulator Sebi to float their initial public offers.
ICICI Prudential Life Insurance, India's largest private life insurer, hit the capital market today to raise around Rs 6,050 crore. This is the first initial public offer (IPO) by any life insurance company in India. It is also the biggest IPO since state-run Coal India raised over Rs 15,000 crore in 2010.
ICICI Prudential Life Insurance's IPO, worth up to Rs 6,057 crore - the biggest for Indian markets in about six years, will hit the capital market on Monday.
Ahead of its mega IPO worth up to Rs 6,057 crore, ICICI Prudential Life Insurance is believed to have allotted shares worth Rs 1,635 crore to a clutch of marquee investors from India and abroad, including the Singapore government, Nomura and a pension trust for Boeing employees.
Auto components maker GNA Axles' Rs 130-crore IPO was oversubscribed two times on the second day of the bidding on Thursday.
HPL Electric & Power has fixed the price band for its Rs 361 crore IPO at Rs 175-202 per share.
Auto components maker GNA Axles' Rs 130-crore IPO was subscribed 64 per cent on the first day of the bidding on Wednesday.
The IPO of L&T Technology Services, an arm of engineering giant Larsen and Toubro (L&T), was subscribed 71 per cent on the second day of the three-day bidding on Wednesday.