Overview
- Bids totalled 46,28,41,632 shares against 1,06,00,000 on offer, reflecting strong overall demand for the Rs ~110 crore issue.
- Subscription by category skewed toward smaller investors, with NIIs at 220.30 times and retail at 76.63 times, while QIBs were at 3.94 times.
- The offering was a 100% fresh issue priced at Rs 95–104 per share, with a lot size of 144 shares.
- Allotment is slated for February 26, with share credits or refunds expected by February 27 and a listing planned on March 2.
- Pre-listing grey-market indications were mixed, with reports ranging from a small discount to a modest premium, which are informal and volatile signals.