Flexituff International Limited which had tapped the capital markets with its IPO which had opened on Thursday the 29th of September and closed on Wednesday the 5th of October was subscribed. The issue which comprised a fresh issue of 45 lac shares and an offer for sale of 22.5 lac shares, making a total size of 67.5 lac shares was in a price band of Rs 145-155. The overall issue was subscribed 1.17 times and received reasonable support from QIB’s and decent support from HNI’s and retail investors. The issue had a grading of 3/5 and was the highest grade among the bunch of issues which had opened in the last ten days.

The details of the subscription level in various categories are given below: –