Retail investors portion was also oversubscribed 10.60 times
HUDCO has fixed the price band of Rs 56-60 per equity share
The IPO, which will be second in this segment, will open on May 17 and close on May 19
Corporation is looking to raise over Rs 1,120 cr through IPOs
The price band for the offer, open from April 26-28, was set at Rs 660-670 a share
The offer received bids for 38,688,800 shares as against the total issue size of 204,058,747 shares
An overall momentum in favour of affordable housing positions the IPO attractively
This is country's first infrastructure investment fund IPO
ON Tuesday, IRB raised around Rs 2,100 cr from anchor investors
NSE filed its draft papers with Sebi in December to raise an estimated over Rs 10,000 crore
Housing and urban infra projects lender plans to sell 204 mn shares in range of Rs 56-60 a share
The 7.7-million share offering has so far received bids for 14.21 million shares
The initial share sale would close tomorrow
D-Mart, BSE and Radio City IPOs raised 23% of deal value at $538 million
The IPO commands a price band of Rs 100-102 per unit
Last year, 66 SMEs had raised Rs 540 crore through IPOs
Five biggest IPOs since 2016 showed preference to mostly bigger entities
Some mutual funds already have stakes as companies go public
So far this year, five companies have launched their IPOs
Huge fund-raising can be attributed to reforms and initiatives taken by govt to encourage SME sector