SUMMARY
Aequs’ IPO continued to see steady investor interest on the third day of bidding and was oversubscribed 101.63X
QIB’s quota saw the highest oversubscription at 120.92X
The company’s IPO comprises a fresh issue of shares worth up to INR 670 Cr and an OFS of up to 2.03 Cr shares
Update | December 05, 18:50 IST
Contract manufacturer Aequs’ IPO closed today with an overwhelming investor interest. The public offering was oversubscribed 101.63X, receiving bids for 427.1 Cr shares against 4.20 Cr shares available for subscription.
Qualified Institutional Buyers’ (QIBs) quota saw the highest oversubscription at 120.92X. These investors placed bids for 273.41 Cr shares against the 2.26 Cr shares reserved for them
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[Update] Aequs IPO Closes With 101.6X Oversubscription