The preliminary public supply of Chennai-based built-in advertising and marketing providers agency R Okay Swamy has obtained an awesome response from buyers. Until 7 pm on the ultimate day (Wednesday, March 6) of bidding, the ₹423.56-crore IPO obtained 25.94 occasions subscription securing bids for 21,35,31,650 shares towards 82,32,946 shares on supply.
The class for retail particular person buyers (RIIs) obtained 34.03 occasions subscriptions, whereas the portion for non-institutional buyers/excessive networth people received subscribed 34.36 occasions. The quota for Certified Institutional Consumers (QIBs) fetched 20.58 occasions the subscription. The worker portion was additionally booked 2.52 occasions.
- Additionally learn:RK Swamy IPO closes at present: Must you subscribe?
The IPO opened for subscription on Monday (March 4) and closed on March 6. The value band was fastened within the vary of ₹270-288 per fairness share of the face worth of ₹5.
The IPO lot measurement is 50 fairness shares and in multiples of fifty fairness shares thereafter.
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