Ellenbarrie Industrial Gases IPO Subscribed 11% On Day 2: Check GMP, Price Band And More

Ellenbarrie Industrial Gases IPO garners 22.19 times subscription

New Delhi, Jun 26 (PTI) The Rs 852-crore initial public offer of Ellenbarrie Industrial Gases Ltd attracted 22.19 times subscription on the last day of bidding on Thursday. The three-day IPO received bids for 33,52,79,311 shares, as against 1,51,08,983 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) quota received 64.23 times subscription, while the category for non-institutional investors got subscribed 15.21 times. The …

Ellenbarrie Industrial Gases IPO Subscribed 11% On Day 2: Check GMP, Price Band And More

Ellenbarrie Industrial Gases' initial public offering was subscribed 0.11 times or 11% on the second day on Wednesday. On the first day the IPO was subscribed 0.08 times or 8%.The industrial gas manufacturer is looking to raise up to Rs 852.5 crore from the primary market. The IPO consists of a fresh issue worth Rs 400 crore and an offer for sale worth Rs 452.5 crore.The mainboard IPO opened for subscription on Tuesday and will close on Thursday…