Public Market IPO
Paradeep Phosphates IPO fully subscribed
Source Mint (opens in a new tab)
The INR 1501.73 crore initial public offer (IPO) has been fully subscribed. The IPO received cumulative bids of 42,52,00,650 equity shares against the offered size of 26,86,76,858 equity shares - subscribing by 1.58 times. The qualified institutional buyers' portion was oversubscribed 2.85 times, while the portion kept for retail investors oversubscribed by 1.26 times.