Ellenbarrie Industrial Gases IPO Subscribed 22.19 Times On Day 3
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Ellenbarrie Industrial Gases IPO Subscribed 22.19 Times On Day 3
Ellenbarrie Industrial Gases' initial public offering was oversubscribed on the third day, with bids led by qualified institutional investors. The subscription stood at 22.19 times as of 6:06 p.m. on Thursday. On Wednesday, which was the second day of the IPO, it was subscribed 0.11 times or 11%. On the first day, the subscription stood at 0.08 times or 8%.The industrial gas manufacturer is looking to raise up to Rs 852.5 crore from the primary …
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