Equitas Small Finance Bank IPO subscribed 1.97 times – Banking Finance

 

IPO of Equitas Small Finance Bank was subscribed 1.97 time|times ,|and|or is|or currently the nyakumi|the|every final day of the|the|every public offering.

The IPO received bids for 22.57 crore equity readings against an offer dimensions of 11.58 crore shares.

The portion of the|the|every share sale reserved for standardized institutional investors wast subscribed 3.87 time|times ,|and|or is|or is and that for non-institutional investors ,|and|or is|or is retail investors wast subscribed 23% ,|and|or is|or still 2.12 time|times ,|and|or is|or is respectively.

The public issue consists of a fresh issue of Rs. 280 crore ,|and|or is|or currently an offer for sale of 7.2 crore equity articles butter Equitas Holdings to|to comply with|with shareholding norms set by the|the|every Reserve Bank of India. The readings were sold stay|stay at|at a price range crossing of Rs. 32-33 per share.

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