Bedmutha Industries Limited which had tapped the capital markets with an IPO for 90 lakh shares in a price band of Rs 95-102 was subscribed. The issue had opened on Tuesday the 28th of September and closed on Friday the 1st of October. The issue received excellent support from HNI’s who subscribed their portion 29.19 times and Retail investors which portion was subscribed 8.51 times. The company is in the business of wires and value added products from galvanised wires.

A detail of the subscription where the issue was oversubscribed 8.51 times is given below.