Qualified Institutional Buyers (QIB) portion subscribed 258.71 times on Day 3

Mumbai: The Initial Public Offering of Pranav Constructions Limited was subscribed 121 times on the final day of bidding.

The issue received bids of 2,71,80,43,800 equity shares against the offered 2,24,63,137 equity shares, according to data available on the stock exchanges.

Qualified Institutional Buyers (QIB) and Non-institutional investors portion were subscribed 258.71 times and 208.21 times, respectively. Retail Portion was subscribed 43.33 times.