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Published 11 days ago

Emmforce Autotech IPO Oversubscribed 365 Times On Final Day

Summary by NDTV Profit

Niche auto components manufacturer Emmforce Autotech on Thursday said its initial public offering received an overwhelming response from the investors as it was subscribed 365 times on the final day of bidding.The Rs 53.90 crore initial share sale received bids for 1,33,27,10,400 shares against 36,57,600 shares on offer, the company said.The category for Non-Institutional Investors fetched 862 times subscription, the quota for Retail Individual …

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Emmforce Autotech IPO Oversubscribed 365 Times On Final Day

Niche auto components manufacturer Emmforce Autotech on Thursday said its initial public offering received an overwhelming response from the investors as it was subscribed 365 times on the final day of bidding.The Rs 53.90 crore initial share sale received bids for 1,33,27,10,400 shares against 36,57,600 shares on offer, the company said.The category for Non-Institutional Investors fetched 862 times subscription, the quota for Retail Individual …

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