• Non-Institutional Investors portion subscribed 3.94 times and Qualified Institutional Buyers portion 3.89 times on Day 3
  • The issue generated demand of close to Rs 925 crore

Mumbai: The Initial Public Offering of Runwal Enterprises Limited was subscribed 2.50 times on the final day of bidding.

The issue received bids for 3,03,19,681 equity shares against the 1,21,11,294 equity shares on offer, according to data available on the stock exchanges.

Retail Portion and Non-Institutional Investors portion were subscribed 1.12 times and 3.94 times, respectively. The Qualified Institutional Buyers (QIB) portion was subscribed 3.89 times, while the Employee Reserved portion was subscribed 1.13 times.