V-Guard Industries has raised Rs 65.60 crore by fixing its initial public offering’s issue price at Rs. 82 per share.The issue has constituted 26.80 per cent of the post issue paid-up capital and the net issue to public constitutes 25.46 per cent of the post issue paid-up capital of the company.
The issue was oversubscribed 2.70 times even in the very choppy market. The issue received an overwhelming response with the qualified institutional buyers' portion being oversubscribed by more than 1.74 times, the retail portion by 4.24 times and the HNI portion by 2.92 times.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India.
The issue was oversubscribed 2.70 times even in the very choppy market. The issue received an overwhelming response with the qualified institutional buyers' portion being oversubscribed by more than 1.74 times, the retail portion by 4.24 times and the HNI portion by 2.92 times.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India.
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