In a financial market spectacle, the JSW Infra Initial Public Offering (IPO) has concluded its bidding phase with an astonishing subscription rate of 37.37 times the shares on offer. This extraordinary achievement reflects the tremendous interest and confidence investors have shown in JSW Infra.
Overwhelming Response: 5,09,32,86,660 Shares Bid for Against 13,62,83,186 Shares Available
According to data from the National Stock Exchange (NSE), the JSW Infra IPO received a monumental response as investors bid for a staggering 5,09,32,86,660 shares. This demand far surpassed the 13,62,83,186 shares made available for subscription. Such an overwhelming response underscores the robust market appetite for JSW Infra shares.
Key IPO Details
The JSW Infra IPO, with a fundraising target of up to Rs 2,800 crore, was priced in the range of Rs 113 to Rs 119 per share. This extraordinary subscription rate highlights the company’s strong appeal and potential within the market.
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