Omkar speciality Chemicals Limited which had tapped the capital markets with its IPO in a price band of Rs 95-98 was oversubscribed 4.67 times. The issue was for 81 lakh shares and was open from Monday the 24th of January to Thursday the 27th of January. The issue was to raise Rs 79.38 crs at the top end of the price band.
The details of the subscription level in various categories are given below: –
Category | Shares Offered | Shares Subscribed | Times |
QIB | 4687500 | 3326700 | 0.82 |
NII | 1215000 | 6400980 | 5.27 |
Retail | 2835000 | 28066680 | 9.90 |
Overall | 8100000 | 37794360 | 4.67 |