Electrosteel Steels Limited is to list on Friday the 8th of October. The company had tapped the capital markets with an IPO which had opened on 21st of September and closed on 24th of September. The IPO price band was Rs 10-11 and the issue size including green shoe option was between Rs 259 crs and Rs 285 crs.

The issue was very well subscribed and was oversubscribed an overall of 8.23 times. The HNI portion was subscribed 28.58 times while the retail portion was subscribed 6.19 times. The issue has been priced at Rs 11 per share.