21 Mar 2023 , 04:17 PM
The initial public offer (IPO) of Udayshivkumar Infra Limited has been fully subscribed on the second day of the offer that opened on Monday, March 20, 2023.
As per BSE data at 4.15 PM on March 21, all investors has showed heavy interest in the IPO as high networth individuals have subscribed 2.45 times the allotted quota and the portion set aside for qualified institutional buyers was subscribed 1.04 times. Retail investors have bought 1.52 times the reserved portion.
The public issue comprises only a fresh issue, and there is no offer for sale portion. The incremental working capital requirements will get fulfilled through fresh issue proceeds.
Udayshivkumar Infra IPO important details:
Open date | March 20, 2023 |
Close date | March 23, 2023 |
Lot size | 428 shares |
IPO size (Rs crore) | Rs 66 crore |
IPO price range (Rs) | Rs 33-35 per share |
Minimum investment | Rs 14,980 |
Basis of allotment date | March 28, 2023 |
Refunds date | March 29, 2023 |
Credit to demat account date | March 31, 2023 |
Listing date | April 03, 2023 |
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