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Contract manufacturing company Aequs’ IPO continued to see steady investor interest on the third day of bidding and was oversubscribed 22X as of 12:08 IST. The issue received bids for 99.4 Cr shares against 4.20 Cr shares available for subscription.
Retail investors’ quota saw the highest oversubscription at 52X. They placed bids for 39.8 Cr shares against 76.92 Lakh shares reserved.
Non-institutional investors (NIIs) placed bids for 51.9 Cr shares against 1.15 Cr shares on offer,…
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