Commercial Engineers & Body Builders Company Limited (CEBBCO) which had tapped the capital market with an IPO which opened on Thursday the 30th of September and closed on Tuesday the 5th of October was subscribed. The company had made an allocation to anchor investors for 24,43,649 shares at Rs 127. The issue was oversubscribed by QIB’s but remained undersubscribed in the HNI and retail category. Overall the issue was oversubscribed 2.07 times.
A detail of the subscription by various categories is given below.
Category | Shares Offered | Shares Subscribed | Times |
QIB | 5817503 | 21386970 | 3.68 |
NII | 1376859 | 464420 | 0.34 |
Retail | 4130576 | 1582240 | 0.38 |
Overall | 11324938 | 23433630 | 2.07 |