R.P.P. Infra IPO subscribed

R.P.P. Infra Projects who had tapped the capital markets with its IPO was fully subscribed. The issue had opened on Thursday the 18th of November and closed today on Monday the 22nd of November. The issue was in a price band of Rs 68-75 and consisted of a fresh offer and an offer for sale totalling 65 lakh shares.

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

Category Shares Offered Shares Subscribed Times
QIB 3050000 500960 0.16
NII 915000 6655600 7.27
Retail 2135000 11961520 5.60
Employee 4000000 172640 0.43
Overall 6500000 19290720 2.97
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